Which of the Following Are Benefits of Compiling a Short-Term

Multiple Choice

Which of the following are benefits of compiling a short-term financial plan?
I. knowing ahead of time when your firm will probably require external financing
II. being able to estimate how long of a time period your firm might need a loan
III. being able to determine when your firm can best afford to spend funds on a capital expenditure
IV. knowing when your firm should have excess funds that can be invested

A) I and III only
B) I, II and IV only
C) II, III and IV only
D) I, II and III only
E) I, II, III and IV