Multiple choice

Which of the following tools of financial planning includes preparation of a projected income statement, projected balance sheet, projected fund flow statement, etc?

  1. Financial forecasting

  2. Budgeting

  3. Financial instrument

  4. Source mix

  5. Working capital investment

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

This tool of financial planning includes preparation of a projected income statement, projected balance sheet, projected fund flow statement, etc.