MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which is not a factor that affects family financial decisions throughout the life cycle?

A	Cultural
B	Societal
C	Investment
D	Demographic

Explanation:

Detailed explanation-1: -Personal circumstances that influence financial thinking include family structure, health, career choice, and age. Family structure and health affect income needs and risk tolerance. Career choice affects income and wealth or asset accumulation.

Detailed explanation-2: -There are four stages to an individual’s financial lifecycle. There is the accumulation of wealth, growing or managing wealth, preserving and protecting wealth, and transferring wealth.

Detailed explanation-3: -a)Financing Decisionb)Investment Decisionc)Staffing Decisiond)Dividend DecisionCorrect answer is option ‘C’. Can you explain this answer?. Solutions for Which of the following is not a financial Decision? a)Financing Decisionb)Investment Decisionc)Staffing Decisiond)Dividend DecisionCorrect answer is option ‘C’.

There is 1 question to complete.