Plug technique
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Plug technique is a technique used in financial forecasting to “plug” inenough new liabilities or assets to make the balance sheets balance.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Plug technique. Technique used in financial forecasting to “plug” inenough new liabilities or assets to make the balance sheets balance.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
