Respuesta :
A financial plan is a company plan that includes cash flow projections and payback strategies.
What is a financial plan?
A financial plan is a written document that contains a person's current financial condition, long-term monetary and economic goals, and tactics for achieving those goals.
The plan should be thorough but also highly personalized, taking into account the individual's personal and family circumstances, risk tolerance, and future expectations.
The approach is developed after calculating the business's present net worth and cash flow.
Therefore, financial plan is the correct answer.
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