1. The ______ is used by financial managers for dissecting a firm's financial statements to assess it's financial condition.
A. break-even analysis
B. statement of cash flows
C. DuPont system of analysis
D. technical analysis
2. In general, firms that are subject to a high degree of ____, relatively short production cycles, or both, tend to use shorter planning horizons
A. operating uncertainty
B. profitability
C. financial planning
D. financial certainty
3. Under the judgmental approach for developing a pro forma balance sheet, the "plug" figure required to bring the statement into balance may be called the ____
A. accounts receivable
B. cash balance
C. externals financing required
D. retained earnings