Which of the Following Components Make Up a Financial Plan

question 1

Multiple Choice

Which of the following components make up a financial plan

• A) the strategic plan.
• B) the investment plan.
• C) the financing plan.
• D) All of the above.

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Definitions:

Leasing NET Advantage

The financial benefit that results from leasing an asset rather than purchasing it, taking into account all costs and savings.

CCA Class

Categorization within the Capital Cost Allowance system in Canada that determines the depreciation rate for tax purposes on assets.

Tax Rate

The amount of money, in terms of a percentage, that the government collects as tax from enterprises or persons.

Cost Of Debt

The return that lenders require on the firm’s debt.