Question

Projected financial analysis is an important strategy-implementation technique because it is an exact measurement of financial costs in the future. it is an exact measurement of future company profits. it allows an organization to examine the expected results of various actions and approaches. insurance needs can be computed. none of the above.

Answer 1

The projected financial analysis is an important strategy-implementation technique because -

It provides the organization with an ability to examine and estimate the expected results (such as revenues, costs, inflations, profits) of various proposed actions and approached. With the use of projected financial analysis the firm can easily evaluate various proposal and proposed pathways and determine which one is most beneficial for the business and turns out to be most profitable.