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Author Question: A center that has been in operation for five years needs ___. a. only a long-range financial plan ... (Read 1431 times)

Garrulous

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A center that has been in operation for five years needs ___.
 
  a. only a long-range financial plan that includes a 10 year projection on revenue growth
  b. only an operating budget for the upcoming year
  c. both a long-range financial plan as well as a plan for the upcoming year
  d. a 6-month operating budget because enrollment changes so drastically during summer months and holidays and a budget is difficult to anticipate

Question 2

The two major components of a financial plan are ___.
 
  a. start-up and operating budget
  b. salaries and equipment
  c. insurance and rent
  d. a system for managing financial resources and obtaining adequate funding



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catron30

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Answer to Question 1

ANSWER:
c

Answer to Question 2

ANSWER:
d




Garrulous

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Reply 2 on: Sep 15, 2018
YES! Correct, THANKS for helping me on my review


dawsa925

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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