In using a systems approach to financial planning,it is necessary to develop everything except:
A) pro forma income statement.
B) cash budget.
C) pro forma balance sheet.
D) a collection schedule.

Question

Quizplus · Accepted Answer

A collection schedule is not typically included in a systems approach to financial planning, as it is more related to accounts receivable management rather than overall financial planning. The other options listed (pro forma income statement, cash budget, and pro forma balance sheet) are all important components of a systems approach to financial planning.

In Using a Systems Approach to Financial Planning,it Is Necessary