A statement that projects management’s expectations for revenues and, based on those financial expectations, allocates the use of specific resources throughout the firm is called:

Related MCQs

• “Financial management is that activity of management which is concerned with the planning, procuring and controlling of the firm’s financial resources”. Who says this?
• An appropriate use of means and resources for realizing specific objectives is known as –
• “Financial management is the area of business management devoted to a judicious use of capital and a careful selection of sources of capital in order to enable a business firm to move in the direction of reaching its goals” Who says this?
• Institutional planning is based on the principles ___ utilization of the resources available in the school and community.
• “Financial Management is an area of financial decision-making, harmonising individual motives and enterprise goals”. Who said this?
• “Financial management is an area of financial decision making, harmonizing individual motives and enterprise goals”. Who define this?
• Institutional planning is an effort to make use of available resources to the –
• Institutional planning is an effort to make____ use of available resources.
• “Financial Management is the application of general managerial principles to the area of financial decision-making”. Who said this?
• The_______ is a pro in their given field, constantly striving to perfect their knowledge of a subject and perform to meet high expectations.