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Question

The financial plans are drawn by taking into consideration _____.


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Solution

(a) Performance of the organisation

(b) Investments

(c) Growth prospects

(d) All of the above

Answer (d) All of the above

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. All the above options are taken into consideration while farming a financial plan.


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