________ models are mathematical models that can react to any set of assumptions about sales,costs and product mix.
A) Strategic
B) Long-range
C) Financial planning
D) Operating budget

Question

Quizplus · Accepted Answer

Financial planning models are designed to react to any set of assumptions about sales, costs, and product mix to aid in the financial planning and decision-making process. Strategic models are focused on long-term planning, and long-range models explicitly predict future trends and events. Operating budgets are tools used to allocate resources and allocate expenses within an organization.

________ Models Are Mathematical Models That Can React to Any