ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A report that summarizes your current financial condition and sets a direction for future financial activities.
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financial plan
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annuity
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A financial plan is an official report prepared to evaluate an individual’s present monetary condition, outline his financial requirements, and provide guidance for performing the future financial transactions.
Detailed explanation-2: -Financial plan is a formal report that summarizes present conditions, analyzes financial needs, and recommends future financial activities.
Detailed explanation-3: -Balance Sheet. Income Statement. Cash Flow Statement. Statement of Changes in Capital. Notes to Financial Statements. 28-Dec-2022
There is 1 question to complete.