Financial modeling can be used by managers for which of the following purposes?
A)staff rotation planning purposes.
B)analyzing financial relationships that are useful for decision making.
C)forecasting political unrest.
D)employee cross-training purposes.

Question

Quizplus · Accepted Answer

Financial modeling is a tool used to analyze financial relationships and forecast future outcomes. It is commonly used by managers for decision-making purposes, such as evaluating potential investments, analyzing financial performance, and developing budgets and forecasts. It is not typically used for staff rotation planning, forecasting political unrest, or employee cross-training purposes.

Financial Modeling Can Be Used by Managers for Which of the Following