Types of Financial Planning Models


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question 1 of 3

Financial planning allows a company to do which of the following?

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1. A financial planning model is most useful to a company because it helps executives do which of the following?

2. Liz is getting a loan to launch a new line of products. Why would a lender ask for a pro forma financial statement?

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About This Quiz & Worksheet

This quiz provides questions to check your understanding of terms and concepts of financial planning models. You will be asked about such things as what goes into a financial planning model as well as key financial terminology.

Quiz & Worksheet Goals

The quiz will test you on such things as:

  • Definitions of financial planning model and Pro Forma Financial Statement
  • Use and purpose of financial planning
  • Financial planning ingredients

Skills Practiced

The student can use this quiz and worksheet to test skills, such as:

  • Making connections - use understanding of financial planning in a business
  • Defining key concepts - ensure that you can accurately define main terms, such as financial planning model and Pro Forma Financial Statement
  • Information recall - access the knowledge you've gained regarding the Plug in a financial planning model

Additional Learning

You can find out more by reviewing the lesson called Types of Financial Planning Models. The lesson will expand your ability to:

  • Evaluate operations
  • See that company goals are being achieved
  • Forecast money targets
  • Explore strategy results
  • Use planning tools