Which of the following statements regarding financial planning is accurate?

A) The use of financial planning allows a firm to eliminate the interactions between its operating policies and its financing policies.
B) Financial planning allows a firm to plan for the past in a systematic fashion.
C) Financial planning takes the burden off the financial manager and places it on the operations manager who must carry out the plan as laid out.
D) Financial planning ensures a firm will not be surprised by unforeseen future events. By using financial planning, a firm can develop, analyze, and compare many different scenarios in a consistent way.