BUSINESS FINANCE I Dersi Financial Planning and Control soru detayı:

PAYLAŞ:

SORU:

What are the two basic components of the financial planning?


CEVAP:

The basic two components of the financial planning are cash and profit planning. The cash planning is realized by the formulating the cash budget of the company, whereas profit planning requires the proforma financial statements. The financial planning commences with the development of strategic long term financial plans and these plans give direction to the development of short-term operational plans and budgets.