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QUESTION 10 The financial planning process begins with financial plans that in turn guide the formation of plans and budgets. a. Short-run; long-run

QUESTION 10

The financial planning process begins with ______ financial plans that in turn guide the formation of ______ plans and budgets.

a. Short-run; long-run

b. Short-run; operating

c. Long-run; strategic

d. Long-run; short-run

Explain your answer.

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