Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:
Which of the following is NOT a reason why financial planning is important?
Options:
It aids in the avoidance of business surprises and shocks
It assists in the coordination of numerous business functions.
It aids in the reduction of waste, duplication of effort and planning gaps
It makes an attempt to separate the present from the future
Correct Answer:
It makes an attempt to separate the present from the future
Explanation:
Financial Planning tries to link the present with the future.