BUSINESS FINANCE I Dersi Financial Planning and Control soru detayı:

PAYLAŞ:

SORU:

What is short term financial plans?


CEVAP:

Short-term (Operational) Financial Plans: They consist of the envisaged financial activities and the projected effects of these activities on the financial position of the company. Short term financial plans cover generally 1-2 years and uses the sales forecasts, operational and financial data as inputs. The basic outputs, the operational budgets for divisions, cash budget and proforma financial reports.