Question

____________ means pre-estimating financial needs of an organization to ensure availability of adequate finance.

• A. Financial planning
• B. Material planning
• C. Value chain planning
• D. Capital structure decision

Answer 1

The correct option is A Financial planning

Financial Planning is the process of estimating the capital required and determining it’s competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.

Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives.