quantify senior manager's goals consider the development of future technologies reconclle a company's activitles across diviSions consider factors that currently provide a negative rate of growth
A firm's current level of operation (for example, at 90% of its operating capacity) can be used to project the firm's account value of when preparing pro forma financial statements Multiple Choice sales cost of goods sold accounts receivable
sales cost of goods sold accounts receivable fixed assets long-term debt
Homework Answers
1
(C) Consider development of future technologies
because financial planning is about the usage of latest technology to maximize the profit of the organization. It does not considers the future technological prospects.
2
(a) sales
level of operation can be used to project the sales. Like in making the flexible budget the sales is calculated on the basis of operational capacity.
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