wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is not a feature of a financial plan?


A

Simplicity

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Cost

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Flexibility

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Foresight

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Cost


Answer (b) Cost

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. Cost is not a feature of financial planning as the plan deals with determining the cash flow of the organisation.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Financial Planning
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon