Question

What is financial planning in financial management?

Answer 1

hey mate here is your answer -

financial planning in financial management means theFinancial Plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved.

hope this helps you

Answer 2

Financial planning is a specific task of determining how the business will afford to accomplish the strategic objectives and goals as well.

The particular Financial Plan describes each of the resources, activities, equipment and materials, which are required to accomplish these objectives and goals as well as the timeframes involved.