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Explain any 4 points if the …

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Explain any 4 points if the importance of financial planning

Posted by Namrata Deshpande 5 years, 3 months ago

CBSE > Class 12 > Business Studies

1 answers

Harvinder Ahlawat 5 years, 3 months ago

1.Help in coordination :It helps in coordinating various business activities such as sales, purchase, production. 2. Financial control : all financial activities are kept under complete control with the help of financial planning. Under it, standard of financial performance are set. 3. Helps to link the present with future : it makes effort to link the present with future. It helps to minimise the risk of future uncertainties. 4.Help in avoiding wastage of finance : in the absence of financial planning wastage of financial resources may take place.

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