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Financial planning takes into consideration which of the following : -

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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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