The planning phase emphasizes time horizons of one year; whereas the planning phase focuses on time horizons of three-to-five years with no from consultants.

The basic financial planning phase emphasizes time horizons of one year; whereas the forecast-based planning phase focuses on time horizons of three-to-five years with no help from consultants. The comprehensive evaluation current and future financial condition by using currently known variables in predicting future cash flows, withdrawal plans and assets is called basic financial planning. While forecasting uses management's experience, knowledge and judgement as a basis for certain assumptions.

Ibelieve your answer is d

D. centrally planned economy hope this ! : d