Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following is an objective of Financial planning? |
Doing only what is possible with the funds that the firms have at its disposal Ensuring that the firm always have significantly more funds than required so that there is no paucity of funds Minimizing the external borrowing by resorting to equity issues Ensuring that the firm faces neither a shortage nor a excess of unusable funds |
| Ensuring that the firm faces neither a shortage nor a excess of unusable funds |
| Financial Planning and Importance Financial planning is essentially 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. Financial planning strives to achieve the following twin objectives. (a) To ensure availability of funds whenever these are required: (b) To see that the firm does not raise resources unnecessarily |
