Question
Business Studies Question on Financial Markets
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 :
A
A and B only
B
C and E only
C
B and D only
D
A and E only
Answer
A and E only
Explanation
Solution
The correct option is (D) :A and E only.