What are the key functions of a Medium-Term Financial Strategy

What are the key functions of a Medium-Term Financial Strategy

What are the key functions of a Medium-Term Financial Strategy (MTFS)? (Select all that apply)

    A) Identify key budgets

    B) Set assumptions for future years

    C) Manage day-to-day cash flow

    D) Help manage volatile funding

    Answer: A, B, D

    Explanation: An MTFS identifies key budgets, sets future assumptions, and helps manage volatile funding, but does not focus on day-to-day cash flow management.