Question

consider proposed fixedminus asset ​outlays, research and development​ activities, marketing and product development​ actions, capital​ structure, and major sources of financing. A. Cash budgeting B. Shortminus term financial plans C. Pro forma statements D. Longminus term financial plans

Answer 1

There is mistake in your options B and D. It is supposed to be written as;

B. Short-term financial plans

D. Long-term financial plans

Answer:

Correct answer is (D). Long-term financial plans

Explanation:

Long-term financial plans is the strategic process of forecasting the future of an organization. It is an investment plan that is normally more than one year which is used to determine how the future of an organization should be. Its seeks to propose and cater for research and development activities, marketing and product development​ actions, capital structure, and major sources of financing and e.t.c