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Question
Financial planning starts with the preparation of ________.
Financial planning starts with the preparation of ________.
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Solution
The correct option is C None of the Above
Financial planning is the task of determining how a business will afford to achieve its strategic goals & objectives have been set. It involves the following tasks assess the business environment, visions & mission objectives, identify resources to achieve these objectives,calculate total cost, summarize the same to create budget.
Financial planning is the task of determining how a business will afford to achieve its strategic goals & objectives have been set. It involves the following tasks assess the business environment, visions & mission objectives, identify resources to achieve these objectives,calculate total cost, summarize the same to create budget.
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