Which of the following is not a step in the financial planning process?
A) Deciding on how additional required assets will be financed
B) Estimating various cost categories as per the income statement
C) Preparing projected funds-flow statement
D) Ordering supplies in anticipation of future sales

Question

Quizplus · Accepted Answer

Ordering supplies in anticipation of future sales is not a step in the financial planning process. The financial planning process includes analyzing the current financial situation, setting financial goals, creating a financial plan, implementing the plan, and monitoring and adjusting the plan as necessary.

Which of the Following Is Not a Step in the Financial