Match each term on the left with its correct corresponding description on the right in the following table: ho Terms Descriptions Provides detailed implementation guidance for a firm's operations, as well as a forecast of the company's expected future free cash flows. Provides the inputs necessary for a risk management evaluation using sensitivity analysis, scenario analysis, or simulations. is based on knowledge of the amount of funds necessary to compensate the firm's shareholders, and the mix of debt and equity capital used to finance the firm. Sets forth specific targets for cash for cash distributions to the firm's shareholders. Which of the following statements about the financial planning process are true? Check all that apply. A firm's performance-based compensation system should be focused on an employee's ability to create short-run profits because this will ultimately keep the firm's stock price the highest The firm will need to calculate the amount of funds it will be able to generate internally. If that is not enough capital to support the financial plan, the firm will need to raise external funds to support the financial plan or the plan will have to be revised to focus on the highest value opportunities Management must monitor operation after implementing a financial plan to detect deviations from the plan and adjust accordingly, Match each term on the left with its correct corresponding description on the right in the following table: ho Terms Descriptions Provides detailed implementation guidance for a firm's operations, as well as a forecast of the company's expected future free cash flows. Provides the inputs necessary for a risk management evaluation using sensitivity analysis, scenario analysis, or simulations. is based on knowledge of the amount of funds necessary to compensate the firm's shareholders, and the mix of debt and equity capital used to finance the firm. Sets forth specific targets for cash for cash distributions to the firm's shareholders. Which of the following statements about the financial planning process are true? Check all that apply. A firm's performance-based compensation system should be focused on an employee's ability to create short-run profits because this will ultimately keep the firm's stock price the highest The firm will need to calculate the amount of funds it will be able to generate internally. If that is not enough capital to support the financial plan, the firm will need to raise external funds to support the financial plan or the plan will have to be revised to focus on the highest value opportunities Management must monitor operation after implementing a financial plan to detect deviations from the plan and adjust accordingly