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Financial plans: A. assume that firms obtain no additional external financing. B. often contain alternative options...

Financial plans:

A. assume that firms obtain no additional external financing.

B. often contain alternative options based on economic developments.

C. frequently contain conflicting goals.

D. concentrate solely on income and expense items.

E. are based on a single set of economic assumptions.

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Answer #1

B. often contain alternative options based on economic developments.

Financial plan will often have alternative plans for economic developments. A company or an individual choose the best available alternative to execute the plan.

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