Financial Planning, When Properly Executed

question 22

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.

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