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Question

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


A

Simplicity

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B

Cost

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C

Flexibility

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D

Foresight

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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.


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