Question 1 (5 points)
The first step of the financial planning process is to:
Question...
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Question 1 (5 points)
The first step of the financial planning process is to:
Question 1 options:
develop financial goals.
implement the financial plan.
analyze your current personal and financial situation.
evaluate and revise your actions.
Question 2 (5 points)
The uncertainty associated with decision making is referred to as:
Question 2 options:
opportunity cost.
selection of alternatives.
financial goals.
risk.
Question 3 (5 points)
The financial planning process concludes with efforts to:
Question 3 options:
review and revise your actions.
create a financial plan of action.
analyze your current personal and financial situation.
review the financial plan.
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