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Question
_________ refers to planning regarding the financial needs of the enterprise, various sources of raising funds, and their optimum utilisation.
_________ refers to planning regarding the financial needs of the enterprise, various sources of raising funds, and their optimum utilisation.
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Solution
(a) Financial planning
(b) Capital structure
(c) Financial management
Answer (a) Financial planning
Explanation: Financial planning is undertaking the responsibility of deciding how a business will stand to accomplish its primary objectives and goals. The Financial Plan portrays all of the activities, assets, machinery, and materials that are required to accomplish these targets, within a stipulated time frame.
(a) Financial planning
(b) Capital structure
(c) Financial management
Answer (a) Financial planning
Explanation: Financial planning is undertaking the responsibility of deciding how a business will stand to accomplish its primary objectives and goals. The Financial Plan portrays all of the activities, assets, machinery, and materials that are required to accomplish these targets, within a stipulated time frame.
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