Question : Which of the following statement is incorrect for financial planning?
Option 1: It lacks in coordination.
Option 2: It helps in avoiding business shocks and surprises.
Option 3: It makes the evaluation of actual performance easier.
Option 4: It helps to link present with future
Answer (1)
3rd Jan, 2024
Correct Answer:
It lacks in coordination.
Solution : Financial planning is essentially the preparation of a financial blueprint of an organisations future operations. it helps in achieving coordination between various functions by providing clear policies and procedures.
Hence, option A is correct.
Comments (0)
