The First Step in the Financial Planning Process Is to Establish

question 99

True/False

The first step in the financial planning process is to establish goals that are realistic and attainable.

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Definitions:

Dispositional

Refers to inherent personality traits and tendencies that influence behavior and attitudes.

Situational

Depending on or relating to a specific set of circumstances or context, often implying that different situations require different responses or actions.

Consensus Behaviour

Actions or attitudes adopted by a group as a whole, reflecting a common agreement or shared opinion among its members.

Dispositional Attribution

The tendency to attribute someone's behavior to their personal traits or disposition, overlooking external factors.