Asked by
Jovonna Sisneros
on Nov 08, 2024Verified
A projection using the most optimistic assumptions is called a(n) :
A) Focused projection.
B) Base case scenario.
C) Liquidity based pro forma.
D) Best case scenario.
E) Aggregated financial plan.
Optimistic Assumptions
Assumptions made under the most favorable conditions, often used in forecasting or planning to predict the best-case scenario outcomes.
Pro Forma
A method of calculating financial results using hypothetical income and expenses, often used for planning or projective statements.
Financial Planning
The process of framing objectives, policies, procedures, budgets, and financial forecasts for a specific time frame.
- Appreciate the importance and effects of sales growth in the context of financial planning.
Verified Answer
FO
Learning Objectives
- Appreciate the importance and effects of sales growth in the context of financial planning.