单词 | financial operating plan (FOP) |
释义 | financial operating plan (FOP)Definition A business or financial road map that identifies revenues and expenses. This type of plan tracks where money comes from and where it goes in a business operation. It defines specific goals such as budgeting, costs associated with operations, and sales projections. A financial operating plan uses historic and recent performance to predict expected outcomes in the near future. The plan must be updated periodically to adjust for changing circumstances. |
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