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Financial planning is typically done for a period of:
ATen to twenty years
BOne to two months
CThirty to forty years
DThree to five years
Answer & Solution
Correct answer: D. Three to five years
1. Longer periods become less useful.
2. The usual horizon is three to five years.
3. Plans of a year or less are budgets.
_Source: NCERT Class 12 Business Studies Part II, Chapter 9, Financial Management._
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