BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not the key components of SMART financial goals?
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Salary
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Measurable
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Attainable
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Realistic
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Time-bounded
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Explanation:
Detailed explanation-1: -There are five essential components of a financial plan such as Insurance planning, Retirement Planning, Investment Planning, Tax Planning and Estate Planning.
Detailed explanation-2: -One easy way to help identify your financial goals is to use the acronym “SMART” (specific, measurable, attainable, relevant, timely) to help you create and pursue actionable, realistic goals.
Detailed explanation-3: -Ensuring excess availability of funds at the right time is not an objective of financial planning.
There is 1 question to complete.