1. WHY IS FINANCIAL PLANNING IMPORTANT IN THE SUCCESS OF AN ORGANIZATION? 2. HOW IS CONTROLLING RELATED TO PLANNING? 3. ENUMERATE THE DIFFERENT STEPS IN BUSINESS FINANCIAL PLANNING AND DISCUSS IT BRIEFLY..

Q: What do you think are characteristics or traits that a good financial manager should poss

A: Finance managers accumulate many skills during their education, experience & day-to-day tasks.…

Q: 1. explain the difference between strategic plans and budget plans? 2. how can budget facilitate…

A: Key planning comprises the systems of characterizing targets and creating strategies to accomplish…

Q: 1.In , goals set by top managers flow down through the organization and become subgoals for each…

A: Goal setting includes the construction of an action plan created in order to stimulate and lead a…

Q: Organizational planning is like charting your company's path on a map. You need to know what…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: nt, plans are only effective if implemented properly. How do organizations perform planning…

A: Planning is the way toward contemplating the exercises needed to accomplish an ideal objective. It…

Q: 1. How do we allocate our resources to get where we want to go? 2. How do we convert our plans into…

A: Resource allocation is the way towards planning accessible resources in the best and conservative…

Q: The initial step in personal financial planning is a. Setting standards b. Listing liabilities c.…

A: Planning is the method of thinking about the activities needed to achieve the expected goal.…

Q: What is meant by a financial plan?

A: Setting a financial plan means keeping or making a budget for the marketing expenditures incurred by…

Q: What is the budget of jollibee food corporation?

A: Budget of a company is described as a vital part which essential for carrying out various business…

Q: Check My Work Read the following scenario and answer the question in 5–10 sentences. You are the…

A: As a CEO, the individual should be concerned about the following issues:  The company is…

Q: on: Answer the following items in an essay form. Give examples if possible. Make sure own words.…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What types of plans and decisions most likely require board of director involvement, and why? What…

A: Introduction: In general, the Board of Directors decisions on behalf of shareholders. Issues and…

Q: Indicate the parts that would benefit from a business plan?

A: Previously, there were just buying and selling activities that were being done by the organizations.…

Q: Planning as a management function is traditionally carried out by managers with deep levels of…

A: ''Question is subjective, hence solution is given in general'' INTRODUCTION: The planning function…

Q: 1. How can a management accountant help formulate strategy? 2. What is the difference between…

A: n organization products are introduced as per the requirements and needs of consumers. Every…

Q: Organizational planning is like charting your company’s path on a map. You need to know what…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Discuss the barriers to effective planning and also state the steps necessary to make planning…

A: Introduction Planning is the first function of management and forms the basis for all other…

Q: Analyze the decline of the value of the General Electric Corporation stock as it relates to a series…

A: There are several decisions taken by the company which affects the business operations.  Decisions…

Q: From the perspective of an investor, what is the most or least important element of a business plan,…

A: A business plan refers to the statement in the writing issues by the firm stating the goals of the…

Q: Can Budgeting can be used as an effective substitute for planning?

A: In general terms, planning is all about deciding in advance what needs to be done in order to…

Q: 2.How do the three key activities of the financial manager relate? 3.What is the main goal of the…

A: Financial activities include not only the acquisition and use of cash, as well as the assessment of…

Q: What aspects of financial planning would have helped the company?

A: Aspects of financial planning that would have helped the company are as follows- 1- Investment…

Q: a) Managers have different motivations to acquire another company. When is a merger likely to be…

A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…

Q: In businesses, measurement is also a fact of life. Investors decide whether or not to invest in a…

A: A quantifiable figure used to gauge output over a given period is known as a productivity ratio.…

Q: Why financial planning should always be anchored to the company's vision and mission?

A: A financial planning  is important in every small or large businesses . It helps to achieve…

Q: ________________ is often referred to a strategic planning or long-range planning. 1 Strategic…

A: Strategic analysis  Strategic analysis is nothing but the approach that involves investigating a…

Q: Why are these three important for any business?

A: For a business to be successful it requires the business to invest in capital and get more return on…

Q: Discuss the role of performance measurement being the driver of new strategy development.

A: INTRODUCTION: As the business landscape changes, it's important for companies to adapt their…

Q: All of the following are functions of management except Select one: a. Controlling b. Leading c.…

A: Management is the governance and administration of all the resources available in an organization to…

Q: Budgeting

A: Budget is defined as statement for a specific period of time which includes revenues, expenses,…

Q: At what points in the planning process would you expect accounting/ finance, marketing, information…

A: A plan is a detailed procedure that entails the various strategies of a company to achieve…

Q: Why is brainstorming helpful in engineering financial decisions?  What are some tools that are…

A: Decision making is a process of choosing the best options among the alternatives available. It has…

Q: Why Budgeting Kills Your Company?  Which is better,the old fashioned way of TOP DOWN budgeting, or…

A: The average billion-dollar corporation spends 25,000 person-days annually putting together its…

Q: Different types of Organizational Plans? (Briefly describe each plan.) b. How Organizations develop…

A: Planning is a function of management used in all companies and organizations . Planning…

Q: which one is correct please confirm? QUESTION 11 In considering financial planning, the type…

A: Sol : The correct option is (a) Strategic. In considering financial planning, the type of planning…

Q: IMPORTANCE OF FINANCIAL PLANNING IN BUSINESS 2 paragraphs

A: Financial planning is that the process of assessing this financial situations of a business to…

Q: A fire destroyed a large percentage of the financial records of the Carter Health System. You have…

A: Net income = profit margin * sales = 5.4% * 4 million = 0.216 million Equity = total assets - debt =…

Q: Discuss in detail and in your own words the meaning, limitations and benefits of planning.

A: Planning is the initial step of the organization to move ahead and think about the activities that…

Q: Managerial Accounting Contrastedto Financial AccountingManagerial accounting supports the internal…

A: Management Planning   Nature: Planning is an introductory step to draw out the organization's…

Q: in this chapter, we talked about how firms do strategic,functional, and operational planning. Yet…

A: A plan is the steps jotted down to achieve some goal. In it, all the challenges, elements which will…

Q: What are the benefits derived from planning audits?

A: An audit is a "independent review of any entity's financial records, whether profit-oriented or not,…

Q: Most planning involves strategies for growth. But is growth always the right direction to pursue?…

A: Marketing can be defined as a field of business studies which deals with how a company makes its…