Read the following passage and answer the question.

Rajan is working to coordinate the operations of different departments, such as production and sales, using principles of financial management. He often brings together people from both departments, encouraging them to work within their allocated budgets. Through careful analysis, he links current decisions with their future outcomes, particularly in key areas like investment and financing. By connecting these two decisions, he is able to make informed choices. At the end of the year, Rajan evaluates the performance of various departments, assessing revenue generated and expenses incurred. While he understands that no business is entirely risk-free, he focuses on minimizing potential risks, thereby setting the foundation for a more secure future. His ability to stay less involved in day-to-day operations is also a positive aspect of his management style.

Through careful analysis, he links current decisions with their future outcomes, particularly in key areas like investment and financing. By connecting these two decisions, he is able to make informed choices. 

Which importance of financial planning is discussed in the above lines?

It provides a link between investment and financing decisions on a continuous basis.

The correct answer is option 2- It provides a link between investment and financing decisions on a continuous basis.

'It provides a link between investment and financing decisions on a continuous basis.' is the importance of financial planning is discussed in the given lines.

The passage emphasizes Rajan's ability to link current decisions with their future outcomes, particularly in investment and financing, allowing him to make informed choices.