Financial Planning, When Properly Executed

Multiple Choice

Financial planning, when properly executed:

A) Ignores the normal restraints encountered by a firm.
B) Ensures that the primary goals of senior management are fully achieved.
C) Reduces the necessity of daily management oversight of the business operations.
D) Helps ensure that proper financing is in place to support the desired level of growth.
E) Eliminates the need to plan more than one year in advance.