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5 Written Questions

5 Multiple Choice Questions

  1. -create and implement you action plan
    1. make sure you action plan will achieve your goals
  2. 1.S
    2. G
    3. I
    4. E
    5. A
    6. R
  3. 1. short,intermediate, and long; s and i must coordinate with l
  4. -determine current financial situation regarding
    1. income savings, living expenses, and debts
    2. prepare list of current assets and debt balances
    3. match financial goals to current income and planning potential
  5. 1. the time frame in which you want to achieve you goals
    2. the financial need that drives you goals

4 True/False Questions

  1. What is step 4 of the financial planning process?-review and revise you plan;
    1. make to sure asses regularly at least once a year

          

  2. What is step 2 of the financial planning process?-review and revise you plan;
    1. make to sure asses regularly at least once a year

          

  3. What are some goals for different financial needs?-the global market place
    -competition among domestic and foreign firms
    -balance of exports and imports
    -foreign investments and their role in money supply
    -level of money supply and its effects on interest

          

  4. What are some economic factors that can affect you financial planning process?1. consumer prices
    2. consumer spending
    3. interest reast

          

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