Home › MBA › Financial Management › Financial Management › Preparing a financial blueprint of a firm's futu…
Preparing a financial blueprint of a firm's future operations is:
AFinancial reporting
BFinancial modelling
CFinancial planning
DFinancial auditing
Answer & Solution
Correct answer: C. Financial planning
1. It ensures funds are there at the right time.
2. It also avoids raising excess funds.
3. That is financial planning.
_Source: NCERT Class 12 Business Studies Part II, Chapter 9, Financial Management._
Related questions
Excess cash invested in cash alternatives is said to create:Because payments for purchases are usually made on credit, cash outflows in a month often Assets that turn into cash within a year through normal operations are contrasted with capCash held by a business is needed above all to pay the bills and meet the:Credit taken from suppliers, recorded as accounts payable, is called:Better inventory management, better collections and longer supplier terms together will:Working capital needs that stay in place all year round are described as:Working capital needs that rise and fall with the season are described as: