Question

Sound financial planning is necessary for the success of any business enterprise"". Explain

Answer 1

Explanation:

Sound Financial Planning' is essential for the success of any business enterprise." ... (ii) Helps in avoiding business shocks and surprises: Proper provision regarding shortage or surplus of funds is made by anticipating future receipts and„payments. Hence, it helps in avoiding business shocks and surprises.

Answer 2

Answer:

"Sound Financial Planning' is essential for the success of any business enterprise." ... (ii) Helps in avoiding business shocks and surprises: Proper provision regarding shortage or surplus of funds is made by anticipating future receipts and„payments. Hence, it helps in avoiding business shocks and surprises.

Explanation:

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