Which of the following statements is TRUE in Long-term financial plan? A The specific steps or actions that will ultimately reach the long-term goals. B) Long-term debt instruments used by both government and business are known as bonds Include setting the sales forecast. A set of goals that lay out the overall direction of the company.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
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Which of the following statements is TRUE in Long-term financial plan?
A) The specific steps or actions that will ultimately reach the long-term goals.
Long-term debt instruments used by both government and business are known as bonds
Include setting the sales forecast.
A set of goals that lay out the overall direction of the company.
Transcribed Image Text:Which of the following statements is TRUE in Long-term financial plan? A) The specific steps or actions that will ultimately reach the long-term goals. Long-term debt instruments used by both government and business are known as bonds Include setting the sales forecast. A set of goals that lay out the overall direction of the company.
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