Question

Name the process that enables the management to foresee the fund requirements, both the quantum as well as the timing.

विकल्प

• Financial management

• Fixed capital decisions

• Working capital decisions

• Financial planning

Answer 1

Financial planning

Explanation:

• Financial planning helps the management to estimate the amount (quantum) and when (timing) funds will be needed for business activities.
• It ensures the company has enough money at the right time for smooth operations.