Question:

Identify the statements that can be an objective of financial planning.
A. To ensure availability of funds whenever required.
B. See all the items of profit and loss
C. To see the size and composition of fixed assets of the business
D. Break up of long term financing into debt and equity
E. To see the firm does not raise resources unnecessarily
Choose the correct answer from the options given below :

Updated On: Sep 23, 2024
  • A and B only
  • C and E only
  • B and D only
  • A and E only
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The Correct Option is D

Solution and Explanation

The correct option is (D) :A and E only.
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