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Question

Financial planning arrives at


A

minimising the external borrowing by resorting to equity issues

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B

entering that the firm always have significantly more fund than required so that there is no paucity of funds

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C

ensuring that the firm paces neither a shortage nor a glut of unusable funds

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D

doing only what is possible with the funds that the firm has at its disposal.

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Solution

The correct option is C

ensuring that the firm paces neither a shortage nor a glut of unusable funds


Financial planning means deciding how much to spend and on what to spend it ensuring that the firm paces neither a shortage nor a glut of unusable funds.


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