Sound financial planning aims to ensure that the firm has:
Ano shareholders at all
Bthe maximum possible number of loans
Cneither a shortage nor an idle surplus of funds
Donly fixed assets and no cash
Answer & Solution
Correct answer: C. neither a shortage nor an idle surplus of funds
Good financial planning avoids both shortage and idle surplus of funds.
Keep practising Financial & Marketing Management
Browse all Financial & Marketing Management questions for AP Intermediate 2nd Year, or explore more Business Studies topics.
Related questions
A consumer who is dissatisfied with the order of the District Commission can appeal to theOrder the redressal levelsThe right to be assured access to a variety of goods at competitive prices is the:The decision about how much profit to distribute and how much to retain is the:Complete the redressal ladderMarketing bingoSort into the marketing mixFinancial management bingo