Question

Which of the following is not an objective of financial planning?

Options

• Ensuring enough funds are available at the right time

• Ensuring excess availability of funds at the right time

• Ensuring smooth business operations

• All of the above

Answer 1

All of the above

Explanation:

• The main goal of financial planning is to make sure funds are available when needed.
• Some ISC textbooks state this is also considered an objective — ensuring funds are more than adequate to avoid risk of shortage.
• Adequate funds ensure business activities run smoothly.