Answer the Activity/Exercises only please. Thank you

TOPIC: FINANCIAL PLANNING TOOLS AND CONCEPT 1. LEARNING GOAL: The students should be able to: Define financial planning. Differentiate budget and financial planning. Explain the types of budget. CONCEPTS: Financial Planning is the process of estimating the amount of financing required to continue a company's operations, and deciding when and how the needed funds should be financed. Budget- is a detailed statement of financial results expected for a given future period. TYPES OF BUDGET: Capital Budget- it reflects a business plans for obtaining, expanding, and replacing physical facilities. 2 Operating Budget- it is based on profit plans for the budget period. It contains a forecast pf the amounts and sources of sales income and materials, labor, and other expenses. Cash flow Budget- it is a forecast of expected cash receipts and expected cash payments. I ACTIVITY/EXERCISES: DLP Activity #: 3 "Travel Solo Mechanics: Write the country where you wanted to travel. 2 Search the different travel spots and authentic dishes you want to explore on that country List down your specific budget plan for your trip (including other expenses) Example: A Air fare- XXX B. Hotel/Accommodation- XXX c Food allowance- XXX