Question

Which of the following is not an objective of financial planning? Find the Answer at BYJU'S

• A. Ensuring smooth business operations.
• B. Ensuring excess availability of funds at the right time.
• C. All of the above.
• D. Ensuring enough funds are available at the right time.

Answer 1

The correct option is B

Ensuring excess availability of funds at the right time.

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. Ensuring excess availability of funds at the right time is not an objective of financial planning.