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What is the primary role of financial planning in setting up a business?a)Financial planning is not necessary for setting up a business.b)Financial planning ensures the efficient utilization of resources.c)Financial planning is only about raising capital.d)Financial planning focuses on marketing strategies.Correct answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the primary role of financial planning in setting up a business?a)Financial planning is not necessary for setting up a business.b)Financial planning ensures the efficient utilization of resources.c)Financial planning is only about raising capital.d)Financial planning focuses on marketing strategies.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary role of financial planning in setting up a business?a)Financial planning is not necessary for setting up a business.b)Financial planning ensures the efficient utilization of resources.c)Financial planning is only about raising capital.d)Financial planning focuses on marketing strategies.Correct answer is option 'B'. Can you explain this answer?.

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