BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Determines capital requirements
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Determines capital structure
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Assures good future financial income
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Frames financial policies
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Detailed explanation-1: -Ensuring excess availability of funds at the right time is not an objective of financial planning.
Detailed explanation-2: -(i) Determination of amount of finance needed by an enterprise to carry out its operations smoothly. (ii) Determination of sources of funds, i.e., the pattern of securities to be issued. ADVERTISEMENTS: (iii) Determination of suitable policies for proper utilisation and administration of funds.
Detailed explanation-3: -Adequate availably of funds is not a characteristic. The purpose of financial planning is to figure out how a company can afford to fulfil its strategic goals and objectives.
Detailed explanation-4: -Answer and Explanation: The correct option is (C) Provide information on the liquidation value of an enterprise. While liquidation is one of the factors that can be deduced from financial reports, it does not stand out as one of the main objectives of financial reporting.