Question
State any four factors to be kept in mind while formulating a financial plan.

Answer

Factors affecting formulation of a financial plan:
  1. Objective.
  2. Solvency and liquidity.
  3. Optimum structure.
  4. Simplicity.
  5. Provision for contingencies.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free