There Are Two Primary Tools Used to Forecast and Set

question 96

Multiple Choice

There are two primary tools used to forecast and set in action a company plan.Which of the tools below is one of these?

• A)Statements of retained earnings
• B)Profit budgets
• C)Income statements
• D)Pro forma statements

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Definitions:

Japanese Yen

The Japanese Yen is the official currency of Japan, known as one of the most traded currencies in the foreign exchange market.

Appreciated

Increased in value or price.

Traded

The action of buying, selling, or exchanging goods and services between people, businesses, or countries.

Net Creditor Nation

A country that has more investments abroad than other countries have within its borders, resulting in a positive balance of international investments.