Home › CBSE Class 12 (Commerce) › Business Studies › Financial Management › For how many years is financial planning typical…
For how many years is financial planning typically done?
AOne to two years
BThree to five years
CEight to ten years
DOver fifteen years
Answer & Solution
Correct answer: B. Three to five years
Beyond about three to five years, planning becomes difficult and less useful.
Related questions
Higher inflation affects working capital requirement how?A larger lead time for raw materials means what for working capital?Credit availed from suppliers affects working capital requirement how?A liberal credit policy towards customers raises which requirement?A longer production cycle leads to what working capital need?During a boom, working capital requirement is typically what?Current liabilities are payment obligations due within what period?Which current asset is the most liquid?