Long term financial planning focuses on which kind of programmes?
Long term financial planning focuses on which kind of programmes?
Solution
✅ Correct Option: 2
Long-term financial planning covers a horizon of about three to five years and focuses on capital expenditure programmes, i.e., investment in fixed assets and long-term growth plans of the firm. Budgets, six-month investment programmes and next quarter's dividend payout are all short-term concerns.
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