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avantika works in the finance department for her company and is preparing a budget for the next 12 months. she has been doing research to determine prices for equipment the company will need in the next year to stay competitive in their market. which step in financial planning is avantika involved in?

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dubeyshailja64

The step in financial planning that is Avantika involved in is Forecasting short-term financial needs.

What is Research?

Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.

In this case, it is explained that a girl named Avantika works in the finance department doing research to determine prices For the equipment required by the company in the next year to remain competitive.

She is involved in Forecasting short-term financial in financial planning as she is determined the prices for 1 year which is a short duration. The first step in the budgeting process is to make a list of all potential sources of income and expenditures.

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