Which of the Following Is Not a Key Budgeting Influence

question 76

Multiple Choice

Which of the following is not a key budgeting influence for a personal financial plan?

• A) Change investments from risky stocks to more conservative stocks
• B) Improve near term net cash flow
• C) Reduce debt payments by 50%
• D) Improve long-term net cash flow

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Definitions:

Irrevocable

Incapable of being retracted, revoked, or undone; permanent.

Consistent Additional Terms

Supplemental terms in a contract or agreement that are in harmony with the original stipulations without causing contradictions or conflicts.

Sales Contract

A legally binding agreement between buyer and seller detailing the terms and conditions of a sale of goods or services.

Acceptance

The act of agreeing to the terms of an offer, contract, or proposal, creating a binding agreement.