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Financial Planning aims at enabling the company to tackle the ________ in respect of the availability and timing of the funds and helps in smooth functioning of an organisation.

Solution

✅ Correct Option: 2

Financial planning prepares the firm for the future by forecasting fund requirements and their timing. It aims to ensure that the firm does not face shortage or surplus of funds and can tackle uncertainty regarding availability and timing of funds, ensuring smooth functioning. Hence the blank is 'Uncertainty'.

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