Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following is NOT an objective of financial planning? |
Ensuring enough funds are available at the right time Ensuring excess availability of funds at the right time Ensuring smooth business operations All of the above |
| Ensuring excess availability of funds at the right time |
| 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. |
