An annual financial forecast for 2013 showing no external funding required assures a company that no cash shortfalls are likely to occur during 2013.

Question

Quizplus · Accepted Answer

An annual financial forecast showing no external funding required only indicates that the company expects to generate enough cash to meet its planned activities and obligations. It does not guarantee that unforeseen expenses or shortfalls won't occur, as forecasts are based on assumptions that may not hold true.

An Annual Financial Forecast for 2013 Showing No External Funding