Question 1
A ________ is a planning and control tool that reflects expected revenues, operating expenses, and cash receipts and outlays.
◦ data structure
◦ financial plan
◦ cash flow
◦ budget
◦ capital structure
Question 2
A bear market is characterized by ________.
◦ a long-term trend of stable stock prices
◦ a long-term trend of rising stock prices
◦ a short-term trend of volatile stock prices
◦ a long-term trend of falling stock prices
◦ a short-term trend of stable stock prices