Commerce Exam > Commerce Questions > __________ means estimating the funds require...
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__________ means estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects.
- a)Dividend Decisions
- b)Financial Planning
- c)Working Capital
- d)Capital Structure
Correct answer is option 'B'. Can you explain this answer?
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__________ means estimating the funds requirement of a business and de...
This process of estimating the fund requirement of a business and specifying the sources of funds is called financial planning. Financial planning takes into consideration the growth, performance, investments and requirement of funds for a given period. ... Long-term planning relates to long term growth and investment.
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__________ means estimating the funds requirement of a business and de...
Financial Planning
Financial planning is a crucial aspect of any business as it involves estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects. It is the process of setting financial goals, evaluating the current financial situation, and formulating strategies to achieve those goals.
Importance of Financial Planning
Financial planning helps businesses to:
1. Set realistic financial goals
2. Evaluate the current financial situation
3. Identify potential financial risks
4. Determine the sources of funds for expansion and growth
5. Optimize the use of financial resources
6. Plan for future contingencies
7. Improve the overall financial performance of the business
Components of Financial Planning
The major components of financial planning are:
1. Budgeting
2. Forecasting
3. Cash flow management
4. Risk management
5. Investment planning
6. Debt management
7. Tax planning
Conclusion
In conclusion, financial planning is an essential process for businesses to achieve their financial goals and objectives. It helps to identify potential risks, determine the sources of funds for expansion, optimize the use of financial resources, plan for future contingencies, and improve the overall financial performance of the business. Therefore, every business should focus on financial planning to ensure long-term success and sustainability.
Financial planning is a crucial aspect of any business as it involves estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects. It is the process of setting financial goals, evaluating the current financial situation, and formulating strategies to achieve those goals.
Importance of Financial Planning
Financial planning helps businesses to:
1. Set realistic financial goals
2. Evaluate the current financial situation
3. Identify potential financial risks
4. Determine the sources of funds for expansion and growth
5. Optimize the use of financial resources
6. Plan for future contingencies
7. Improve the overall financial performance of the business
Components of Financial Planning
The major components of financial planning are:
1. Budgeting
2. Forecasting
3. Cash flow management
4. Risk management
5. Investment planning
6. Debt management
7. Tax planning
Conclusion
In conclusion, financial planning is an essential process for businesses to achieve their financial goals and objectives. It helps to identify potential risks, determine the sources of funds for expansion, optimize the use of financial resources, plan for future contingencies, and improve the overall financial performance of the business. Therefore, every business should focus on financial planning to ensure long-term success and sustainability.
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__________ means estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects.a)Dividend Decisionsb)Financial Planningc)Working Capitald)Capital StructureCorrect answer is option 'B'. Can you explain this answer?
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__________ means estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects.a)Dividend Decisionsb)Financial Planningc)Working Capitald)Capital StructureCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about __________ means estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects.a)Dividend Decisionsb)Financial Planningc)Working Capitald)Capital StructureCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for __________ means estimating the funds requirement of a business and determining the sources of funds for current and fixed assets and future expansion prospects.a)Dividend Decisionsb)Financial Planningc)Working Capitald)Capital StructureCorrect answer is option 'B'. Can you explain this answer?.
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