1.

For a manager what are the importance of financial planning: 1. Owners funds are the source of permanent capital 2. Helps in forecasting situations that are probable in the future 3. Helps in avoiding business shocks and surprises

Answer»

For a manager what are the importance of financial planning:

1. Owners funds are the source of permanent capital

2. Helps in forecasting situations that are probable in the future

3. Helps in avoiding business shocks and surprises




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