Question

Mr. Raghav, Finance manager of Manav InfraTech Pvt. Ltd., prepared a detailed plan of financial needs of the firm in coming six months and the sources from where funds will be acquired to meet out these needs as company is planning to open a new branch in other states of India. Identify the financial concept discussed here:

विकल्प

• Business cycle

• Financial planning

• Capital structure

• Working capital

Answer 1

Financial planning

Explanation - 

Financial planning has a greater reach because it does not end with the provision of expected funds. It entails making long-term investment choices. In financial planning, the finance manager examines numerous investment plans and chooses the best one.