Asked by
Christian Hernandez
on Nov 08, 2024
Verified
In most industries, planning beyond the period of one year is not very useful.
Planning Beyond
A strategic approach focusing on setting long-term goals and objectives beyond the usual planning horizon.
One Year
A period consisting of 12 consecutive months or 365 days, used as a standard time measurement for various financial calculations.
- Understand the fundamental concepts and importance of financial planning in businesses.
Verified Answer
CA
Learning Objectives
- Understand the fundamental concepts and importance of financial planning in businesses.
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