Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:
What is the process that enables the management to foresee the fund requirements, both the quantum as well as the timing?
Options:
Financial Planning
Investment decision
Financing Management
Capital budgeting decision
Correct Answer:
Financial Planning
Explanation:
FINANCIAL PLANNING: Financial planning is essentially the preparation of a financial blueprint of an organisation’s future operations. The objective of financial planning is to ensure that enough funds are available at right time.