Question : Assertion: The planning process begins with the setting of objectives.

Reason: Objectives are set after the planning process is completed.

Option 1:

Both assertion and reason are correct, and the reason is a correct explanation.

 

Option 2: Both assertion and reason are correct, and the reason is not correct explanation.

Option 3: Assertion is false, but the reason is correct.

  

Option 4: Assertion is correct, but the reason is false.

Question : Assertion-Reason Questions: Chapter - Sources of Business Finance

Questions : Business Finance and Its Meaning

Assertion: Financial planning is necessary for achieving business objectives effectively.

Reason: Financial planning helps allocate funds optimally and avoids wastage.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
  

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: Assertion is true, but the reason is false.

Option 4: Both assertion and reason are false.

Question : Assertion-Reason Questions: Chapter - Sources of Business Finance

Questions : Business Finance and Its Meaning

Assertion: Financial planning is necessary for achieving business objectives effectively.

Reason: Financial planning helps allocate funds optimally and avoids wastage.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
  

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: Assertion is true, but the reason is false.

Option 4: Both assertion and reason are false.

Question : Assertion-Reason Questions: Chapter - Sources of Business Finance

Questions : Business Finance and Its Meaning

Assertion: Financial planning is necessary for achieving business objectives effectively.

Reason: Financial planning helps allocate funds optimally and avoids wastage.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
  

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: Assertion is true, but the reason is false.

Option 4: Both assertion and reason are false.

Question : Assertion: Both India and Pakistan follow the mixed economy model.

Reason: Both initiated their development process on the basis of economic planning in 1947.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Assertion: Planning is a forward-looking function of management.

Reason: It involves setting objectives and determining the best course of action to achieve them.

Option 1: Both assertion and reason are correct, and the reason explains the assertion.
 

Option 2: Both assertion and reason are incorrect.
 

Option 3: The assertion is correct, but the reason is incorrect.
 

Option 4: The assertion is incorrect, but the reason is correct.

Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.