Author Question: A cash budget is often more valuable as a LONG-term rather than a SHORT-TERM financial forecasting ... (Read 70 times)

NguyenJ · **on:** Jul 11, 2018

A cash budget is often more valuable as a LONG-term rather than a SHORT-TERM financial forecasting vehicle.

Indicate whether the statement is true or false

Question 2

The ability to identify the key industry drivers of success is a fundamental concept that a nonfinancial manager should understand in order to:

A) better assess the current environment in which the firm operates.
B) better assess future financing requirements.
C) better understand the role of capital markets in raising long-term funds.
D) better measure and create value for shareholders.