Financial planning,when properly executed:
A)helps ensure that adequate financing is in place to support the desired level of growth.
B)ensures that the primary goals of senior management are fully achieved.
C)reduces the necessity of daily management oversight of the business operations.
D)ignores the normal restraints encountered by a firm.
E)eliminates the need to plan more than one year in advance.

Question

Quizplus · Accepted Answer

Financial planning helps ensure that adequate financing is in place to support the desired level of growth. It involves forecasting and budgeting to allocate resources effectively and efficiently, which is crucial for long-term success.

Financial Planning,when Properly Executed