Joe Schwartz Has Just Run His Company's Short-Term Financial Planning

question 16

Multiple Choice

Joe Schwartz has just run his company's short-term financial planning model.A credit analyst calls and tells Joe that the company's (selling) credit period has just been changed.Joe would likely

• A)inform management to ignore the model's outputs because they are invalid
• B)subjectively adjust the model's recommendations based on his best judgment
• C)rerun the model after adjusting the model for the new cash collections
• D)none of the above

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