Financial planning arrives at:
A. minimising the external borrowing by resorting to equity issues
B. entering that the firm always have significantly more fund than required so that there is no paucity of funds
C. ensuring that the firm faces neither a shortage nor a glut of unusable funds.
D. doing only what is possible with the funds that the firms has at its disposal
Answer:C
Financial planning arrives at:
A. minimising the external borrowing by resorting to equity issues B. entering that the firm always have significantly more fund than required so that there is no paucity of funds C. ensuring that the firm faces neither a shortage nor a glut of unusable funds. D. doing only what is possible with the funds that the firms has at its disposal