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Question

Which of the following are objectives of financial planning?

A
To ensure availability of funds whenever required.
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B
To help in coordinating various business functions.
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C
To see that firm does not raise resources unneessarily.
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D
To see that firms focus on long term growth and investment matters.
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Solution

The correct options are
A To ensure availability of funds whenever required.
C To see that firm does not raise resources unneessarily.
Objectives of financial planning are:
- To ensure availability of funds whenever required.
- To see that firm does not raise resources unneessarily.

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