What is meant by ‘Financial Planning’ ? Explain any four requisites of a sound financial plan
Answers
Answered by
0
Hope this answer help you and also it make me brainlist
ADVERTISEMENTS: Some of the important characteristics of a sound financial planning are: (1) Simplicity (2) Foresight (3) Flexibility (4) Optimum use of funds (5) Liquidity (6) Anticipation of contingencies and (7) Economy. Sound financial planning is necessary for the success of any business enterprise.
Answered by
1
Answer:
6 Characteristics of a Sound Financial Plan | Public Deposits Some of the important characteristics of a sound financial planning are:
(1) Simplicity (2) Foresight (3) Flexibility (4) Optimum use of funds (5) Liquidity (6) Anticipation of contingencies and (7) Economy. Sound financial planning is necessary for the success of any business enterprise.
Similar questions