Which of the Following Statements Is Incorrect

Which of the following statements is incorrect?

A) Business financial planning is generally done once per year.
B) The most important goal of business financial planning is to predict cash flows.
C) An important step in planning is to compare what actually occurs with what was forecasted.
D) Planning looks at possible outcomes ranging from worst-case scenario to best-cast scenario.
E) Business financial planning includes forecasting revenues, forecasting expenses, planning capital expenditures, managing funding needs, and managing risk.