Financial planning: Multiple Choice Focuses solely on the assumptions that are most likely to occur. Is formulated based primarily on a net income assumption. Is limited to projecting activities of a firm for the next twelve months. For capital acquisitions is done on a purely segregated basis. O Focuses solely on the assumptions that are most likely to occur. O O Is formulated based primarily on a net income assumption. Is limited to projecting activities of a firm for the next twelve months. O For capital acquisitions is done on a purely segregated basis. Formulates the way in which financial goals are to be achieved