A sound financial plan is the key to the success of sound financial management of the company. Do you agree or disagree?

Agree

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Disagree

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Solution

The correct option is A
Agree

Agree. It is right to say that a sound financial plan is the key to the success of sound financial management because:

1. It affects the quantum of current assets

2. It affects the breakup of long-term financing into debt, equity

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