Identify the key points that make an organization financially sustainable.
CA Final · Advanced Financial Management · PYQS · September 2025
Identify the key points that make an organization financially sustainable.
Suggested Answer and Working Notes:
The key point that make an organization financially sustainable are as follows: (i) have more than one source of income; (ii) have more than one way of generating income; (iii) do strategic, action and financial planning regularly; (iv) have adequate financial systems; (v) have a good public image; (vi) be clear about its values (value clarity); and (vii) have financial autonomy.
Topics: Financial Policy & Corporate Strategy
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