CHAPTER 3Financial Statement Analysis, Planning, and GrowthMultiple Choice Questions:I.DEFINITIONSLONG-TERM PLANNINGc1.One key reason a long-term financial plan is developed is because:a.the plan determines your financial policy. b.the plan determines your investment policy. c.there are direct connections between achievable corporate growth and the financial policy. d.there is unlimited growth possible in a well-developed financial plan. e.None of the
