Asked by Tamara Javelosa on Jun 20, 2024

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Typically, long-range plans include five-year financial projections.

Long-range Plans

Strategic plans that outline goals and objectives set to be achieved over an extended period, typically over several years.

Financial Projections

Estimates of a company's future financial outcomes, often including income statements, balance sheets, and cash flow statements.

  • Appreciate the significance of long-range planning and financial projections.
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Gurman SinghJun 24, 2024
Final Answer :
True
Explanation :
Long-range plans often include financial projections for the next five years.