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State any three… (Class 12 Business Studies 2026, Q22a)

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Business StudiesCBSE Class 12 · Board exam 2026, set 66/5/1 · 3 marks · Short answer

CBSE Class 12 Business Studies 2026: question 22(a)

Set in the CBSE Class 12 board exam of 2026, paper 66/5/1, section B, question 22(a), for 3 marks. Try it first; the hints and our step-by-step solution are below.

Q22(a) · 3 marks · Short answerFinancial Management

State any three points of importance of Financial Planning.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 66/5/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Financial planning looks ahead at fund needs.

Hint 2

Think about surprises, coordination and waste.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Forecasting: It forecasts what may happen under different situations so the firm can face them better.

    1 mark

  2. Avoids business shocks and surprises: It prepares the company for the future.

    1 mark

  3. Coordination: It coordinates business functions such as sales and production through clear policies and procedures. (Also: reduces waste and duplication, links present with future, links investment and financing decisions, eases evaluation of performance.)

    1 mark

Answer: Any three: forecasting, avoiding shocks and surprises, coordinating functions, reducing waste, linking present and future, linking investment and financing, easing evaluation.

Where the marks are

  • Any three points, 1 each (½ each if only listed)

Revise the chapter

Practise this chapterBoard-style questions from Financial Management, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 66/5/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.