• 2022-06-09
    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 above.
  • C

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      Which of the following is an example of a standing plan? A: a retail chain's plan to counter the entry of a new competitor B: a plan developed to address a sudden, unanticipated surge in demand C: a fire escape policy establishing practices to be followed in an emergency D: a plan to cope with radical changes in the political environment

    • 1

      Karen, CFA, is the investment manager of a corporate pension plan. Under ERISA, she owes her fiduciary duty to: () A: The plan sponsor. B: The firm’s shareholders. C: The plan participants and beneficiaries. D: None of the above.

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      The project team has created a plan for how they will implement the quality policy. If this changes during the project, it will also be a change to ______. A: the project plan B: the quality control plan C: the quality assurance plan D: the quality management plan

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      From the macro to the micro level, the project plan does not include (). A: project development plan B: subject policy plan C: project strategic plan D: subject specific plan

    • 4

      A pension plan that grants mortgage loans A: is an example of a financial intermediary B: cannot suffer losses C: is called a savings and loan association D: is not a financial intermediary