The Last Step in the Financial Planning Process Is To

question 85

Multiple Choice

The last step in the financial planning process is to:

• A) develop financial plans and strategies to achieve goals.
• B) use financial statements to evaluate results of plans and budgets, taking corrective action as required.
• C) implement financial plans and strategies.
• D) redefine goals and revise plans and strategies as personal circumstances change.
• E) periodically develop and implement budgets to monitor and control progress toward goals.

Recognize the importance of offering solutions or alternatives when delivering bad news.

Understand how to effectively conclude negative messages to respect the audience.

Comprehend the pros and cons of apologizing within business messages.

Understand the importance and strategies of delivering negative messages effectively.

---

Definitions:

Sexual Orientation

An inherent or immutable enduring emotional, romantic, or sexual attraction to other people, which can vary in intensity and is not limited by gender identities.

Illegality

The quality or state of being contrary to law or against the laws of a society, making an action or conduct not permissible.

Revocation

The official cancellation or withdrawal of an offer, license, right, or permission.

Counteroffer

A counteroffer is a proposal made in response to an original offer, altering its terms and effectively rejecting the initial offer.