'It is essentially to prepare the financial blueprint of an organization's future operations.'

Which of the following is being referred to here?

Financial Planning

The correct answer is option 2- Financial Planning.

Financial planning is being referred in the given statement.

Financial planning is 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. Financial planning strives to achieve the following twin objectives-
(a) To ensure availability of funds whenever required
(b) To see that the firm does not raise resources unnecessarily.