Which of the following is not the characteristics of Sound Finance
Answers
Answered by
3
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. It entails policies and procedures for proper co-ordination between the various functional areas of business. This involves proper allocation of resources among various departments and thus leads to minimisation of waste of resources.
Answered by
0
Answer:
bsjdjxnkqkqmq kwjdbbxbdjsj
Similar questions