Question 1
Which of the following is NOT a step of the FFS method?
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forecast the statement of cash flows
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forecast the income statement
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forecast the balance sheet
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analyze the forecast
Question 2
Which of the following is NOT one of the steps taken in the financial planning process?
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Forecast financial statements and use these projections to analyze the likely effects of the operating plan on profits and various financial ratios.
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Forecast the funds that will be needed to support the 5-year plan.
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Develop a cash budget for use in determining when funds will be needed or when surplus funds will be available for investment.
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Consult with key competitors about the optimal set of prices to charge, i.e., the prices that will maximize profits for our firm and its competitors.
The steps of bacterial transformation.
Basic steps in hemostasis.
The Clotting Process
Incineration Process
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Steps in the process of translation (Part 2)