Assumptions about expected national and international macroeconomic variables should play a prominent role in three major business financial documents, which are the:
a. Income statement, balance of payments, and cash flow statement
b. Income statement, balance sheet, and credit report
c. Income statement, balance sheet, and foreign direct investment report
d. Income statement, balance sheet, and cash flow statement
e. Gross national product, inflation, and balance of payments
Question 2
The difference between a business plan and a scenario plan is:
a. A scenario plan is a one-to-three year planning document, but the business plan is a 10-to-20 year planning document.
b. Really, there is no difference
c. A scenario plan is like a capital budgeting plan. In short, it is for one scenario. But a business plan is for three to five years.
d. A scenario plan is a long-term planning document (normally 10 to 20 years), and a business plan is a three-to-five year plan.
e. None of the above.
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