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Question
Financial planning takes into consideration which of the following :
Options
Growth
Performance
Investments
All of these
MCQ
Solution
All of these
Explanation -
Financial planning takes into account a period's growth, performance, investments, and funding requirements. Short-term and long-term financial planning are both included in financial planning. Long-term planning is concerned with long-term investment and growth. It concentrates on capital spending plans. Short-term planning includes a budget, which is a short-term financial strategy.
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Importance of Financial Planning
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