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They all have the same drop down box options. 1. Overview of financial planning Aa Aa E Match the terms on the left with their

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They all have the same drop down box options.

1. Overview of financial planning Aa Aa E Match the terms on the left with their correct descriptions on the right in the following table. Terms Descriptions States the firm's overall purpose Mission statement Corporate scope Statement of corporate objectives Defines the company's line(s) of business and its geographic area of operations Sets forth specific goals or targets to help operating managers focus on the firm's primary objectives Which of the following statements about the financial planning process are true? Check all that apply. Once the forecasted financial statements are completed, the firm must determine how much capital it will need to support these plans. O Firms should use a performance-based management compensation system that is based on a manager's ability to achieve short-run success. O Management must monitor operations after implementing a financial plan to detect deviations from the plan and adjust accordingly

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