Asked by Thomas Waller on Apr 29, 2024

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Which of these are short-term in nature,focusing on projections no more than a year or two in the future?

A) Asset management plan
B) Leverage plan
C) Strategic plan
D) Operating plans

Operating Plans

Detailed outlines of how a business will operate in the short term, including goals, budget, and resource allocation.

Projections

Forward-looking estimates or predictions about a company's financial performance, often involving revenue, expenses, and profit forecasts.

Asset Management

The systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner.

  • Recognize the distinctions among different financial planning models and their goals.
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JH
Jaskaran HundalMay 04, 2024
Final Answer :
D
Explanation :
Operating plans are typically short-term in nature, focusing on the specific actions and resources needed to achieve strategic objectives within a year or two.