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Finger [1]
1 year ago
5

Which best describes the role of financial planning?

Business
1 answer:
Savatey [412]1 year ago
5 0

The role of financial planning can be described by allowing someone to have lesser obstacles in an economy of a country.

Option D is the correct answer.

<h3>What is a financial plan?</h3>

A financial plan is a statement defining the company's recent finances, the objectives and the strategies to attain those objectives.

Financial planning helps in the creation of budgets for future uses, formulate the ways for minimizing or saving the charges to be incurred in the future and execute the ways of accumulating and increasing the wealth of an organization.

Therefore, the explanation provided in part D would best describe the role of financial planning.

Learn more about the financial plan in the related link:

brainly.com/question/8822382

#SPJ1

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Given an interest rate of zero percent, the future value of a lump sum invested today will always:A. Remain constant, regardless
nalin [4]

Answer:

A. remain constant, regardless of the investment time period

Explanation:

7 0
3 years ago
Concept maps work because they _______. a. are colorful and interesting b. can be drawn by almost anyone c. visually demonstrate
stich3 [128]

Answer:

concept maps work because they <u>visually demonstrate relationships</u>

8 0
2 years ago
The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice
kenny6666 [7]

The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice is explained in the following way

Explanation:

  • The generic types of competitive strategies include: low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies. Which of the following generic types of competitive strategies is typically the "best" strategy for a company to employ?

  • What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is: their concentrated attention on serving the needs of buyers in a narrow piece of the overall market. ... meaningfully lower overall costs than rivals on comparable products.

  • 1- By using its lower-cost edge to underprice competitors and attract price-sensitive buyers in great numbers to increase total profits.
  • When a Low-Cost Provider Strategy Works Best
  • Most buyers use the product in the same ways. Buyers incur low costs in switching among sellers. Large buyers have the power to bargain down prices. New entrants can use introductory low prices to attract buyers and build a customer base.

4 0
3 years ago
What type of company is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees
morpeh [17]

The type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employee is:

  • all companies that have more than a single owner.

<h3>What is Code of Ethics?</h3>

This refers to the guidelines about the way a group of people should behave in a social group or official setting.

With that in mind, we can see that the type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees is one which has more than one owner.

Read more about code of ethics here:
brainly.com/question/24606527

6 0
2 years ago
Currency located at the company $ 600
Drupady [299]

Answer:

$12,900

Explanation:

Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.

It is a current asset in the balance sheet.

Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400

= $12,900

5 0
3 years ago
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