Financial Planning, When Properly Executed

question 160

Multiple Choice

Financial planning, when properly executed:

• A) Ignores the normal restraints encountered by a firm.
• B) Ensures that the primary goals of senior management are fully achieved.
• C) Reduces the necessity of daily management oversight of the business operations.
• D) Helps ensure that proper financing is in place to support the desired level of growth.
• E) Eliminates the need to plan more than one year in advance.