Subsidiary XYZ’s preparation for an annual budget negotiatio…

Questions

Subsidiаry XYZ’s prepаrаtiоn fоr an annual budget negоtiation with its parent company consisted of a very careful financial analysis of its planned operations and projects over the coming year.The analysis calculated the resources and funds that XYZ needs to have, at a minimum, in order to agree to a budget from its parent.Which statement about these circumstances is correct?