Question

‘To ensure that enough funds are available at right time to honour the commitments and to carry out the plans’ is discussed in which of the following concepts?

Options

• Capital Structure

• Financial Leverage

• Financial Planning

• Investment Decision

Answer 1

Financial Planning

Explanation:

Financial planning involves estimating the necessary cash, assuring availability, and effectively allocating resources to accomplish organisational objectives. It ensures a corporation has enough funds at the proper moment to meet obligations and implement strategies.