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Question

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


A

Ensuring smooth business operations.

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B

Ensuring excess availability of funds at the right time.

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C

All of the above.

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D

Ensuring enough funds are available at the right time.

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Solution

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.


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