Which of the following statements about the financial planning process are true? Check all that apply

New computer software made it easier for top level managers to monitor the working of the financial plan and that has reduced the need for analysts and middle managers who previously developed maintained and explained the financial plan

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.

a firm's performanfce based compensation system should be focused on an employee's ability to create short run profits because this will ultimately keep the firms stock price the highest.