BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Financial planning means ____ of financial activities.
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Determining
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Pre-determining
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Later-determining
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Not determining
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Explanation:
Detailed explanation-1: -You and your financial professional will determine your current income and expenses, calculate your current and projected net worth, establish or review an emergency fund and evaluate the impact of life events on your finances.
Detailed explanation-2: -The main elements of a financial plan include a retirement strategy, a risk management plan, a long-term investment plan, a tax reduction strategy, and an estate plan.
There is 1 question to complete.