To avoid the problem of shortage and surplus of funds/what is required in financial management? Name the concept and explain its three points of importance. [AI 2008 (I)] |
Or |
Name the process which helps in determining the objectives, policies, procedures, programmes and budgets to deal with the financial activities of an enterprise. Explain its three points of importance. [Delhi 2008] |
Or |
Explain any four points that highlight the importance of financial planning. [Delhi 2014] |
Answer:
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