Which of the Following Statements Is NOT True About Financial

question 32

Multiple Choice

Which of the following statements is NOT true about financial planning models?

• A) Financial statements serve as the first major input and become the baseline to compare the projected financial statements.
• B) Economic forecasts and their impact on the firm's sales are also included in financial planning models.
• C) Investment and financing decisions are not considered as inputs in financial planning models.
• D) Changes in a firm's balance sheet and income statement items as a result of the growth in sales are also used in these models.

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Definitions:

Fibularis Brevis

A muscle located on the lateral part of the lower leg, involved in plantar flexion and eversion of the foot.

Extensor Digitorum Longus

A muscle in the leg that helps in extending the toes and dorsiflexing the foot.

Fibularis Longus

A muscle located on the lateral side of the lower leg, important for plantar flexion and eversion of the foot.

Gastrocnemius

The gastrocnemius is a major calf muscle that contributes to knee flexion and ankle plantarflexion, playing a crucial role in walking and jumping.