Which Financial Planning Assumption Does Not Have Supporting Detail

question 90

Multiple Choice

Which financial planning assumption does not have supporting detail?

• A)Sales growth is based on the inflation rate.
• B)Sales growth is based on the industry average sales growth rate.
• C)Net income is based on the average net profit margin for the industry.
• D)Operating expenses are 70% of the current year's sales.

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Definitions:

Benign Activating Events

Events or circumstances that trigger a response or change but are non-threatening and cause minimal stress or harm.

Rational-emotive Behavior Therapy

A form of cognitive-behavioral therapy founded by Albert Ellis, focusing on identifying irrational beliefs, challenging these beliefs, and encouraging more rational thoughts and behaviors.

Challenge Client Statements

A therapeutic technique where the therapist questions or disputes the client's beliefs or statements to facilitate insight and change.

Assignment

Tasks or activities given by a therapist to a client to complete outside of sessions, aimed at reinforcing topics discussed in therapy or promoting skill development.