Which One of the Following Statements Concerning Financial Planning for a Firm

Multiple Choice

Which one of the following statements concerning financial planning for a firm is correct?

A) Financial planning for fixed assets is done on a segregated basis within each division.
B) Financial plans often contain alternative options based on economic developments.
C) Financial plans frequently contain conflicting goals.
D) Financial plans assume that firms obtain no additional external financing.
E) The financial planning process is based on a single set of economic assumptions.