Answer:
The precision of planned statistics that relate to future activities is a benefit of short-term planning. Long-term planning may be less trustworthy due to the inaccuracy of longer-term projections.
Long-Term Financial Objectives For most people, the most important long-term financial objective is to save enough money to live comfortably.
Virtually all organizations, from small startups to huge established firms, require short-term money management. Even huge corporations with seemingly strong financial accounts have declared bankruptcy because they were unable to pay their existing obligations.
Explanation:
