Start learning →

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.
Practise this question with Quill — AP Intermediate 2nd Year →

Keep practising Financial & Marketing Management

Browse all Financial & Marketing Management questions for AP Intermediate 2nd Year, or explore more Business Studies topics.

Start a Financial & Marketing Management lesson →