Successful financial management starts with an outline of funds needed for a period of time, along with sources and intended uses of those funds, referred to as a(n) ________

A) economic order
B) financial plan
C) strategic plan
D) financial statement
E) risk/return trade-off analysis


Answer: B
Explanation: Successful financial management starts with a financial plan, a document that outlines the funds a firm will need for a certain period of time, along with the sources and intended uses of those funds.

Business

You might also like to view...

What is Machiavellianism, and what behaviors are associated with Machiavellianism?

What will be an ideal response?

Business

What is the ideal line length of a web page?

Business

Unreasonable personal conduct that causes damage to someone else is called ____________________

Fill in the blank(s) with correct word

Business

When you board a plane as a passenger, a bailment is created.?

Indicate whether the statement is true or false

Business