COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following factors is not influenced by values?
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individual’s choice of friends
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individual’s financial decisions
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individual’s life cycle position
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individual’s daily decisions
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Explanation:
Detailed explanation-1: -Life-cycle financial planning helps to understand the dynamic nature of your family’s financial risks presented and developed in a plan that evolves over time to meet those changing needs. The stages of life-cycle planning can be seen in 3 simple phases: Accumulation, Preservation and Transfer.
There is 1 question to complete.