In the control phase of the financial planning process, projected financial statements must be evaluated to determine:
A. the firm's operating breakeven at different sales levels.
B. whether economies of scale have been achieved.
C. the level of leverage the firm can attain with its forecasts.
D. whether the forecasts meet the firm's financial targets.
E. the amount of internal funds the firm must raise to meet its financial goals.
Answer: D
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