One of the primary advantages of ﬁnancial planning is that it:

Question

Quizplus · Accepted Answer

Financial planning helps to align planned activities with company priorities by setting financial goals and outlining strategies to achieve them. It also takes into account the long-term implications of financial decisions rather than just short-term profits. Financial planning does not necessarily focus on achieving the highest possible growth rate at any cost or limiting expansion to the maximum achievable internal rate of growth. It also cannot anticipate all future surprises or unplanned activities.

One of the Primary Advantages of ﬁNancial Planning Is That