The Primary Purpose of Setting Long-Term Financial Goals Is to Help

question 41

Multiple Choice

The primary purpose of setting long-term financial goals is to help

• A)measure financial success or failure
• B)provide direction for overall financial planning.
• C)acquire great wealth.
• D)achieve a comfortable retirement.

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Definitions:

Successors

In project management, these are tasks or activities that follow others and are dependent on the completion of preceding tasks for their start or finish.

Dependency

A situation where the outcome or occurrence of one event or task is contingent upon another within a project or process.

Milestone

A significant event or point in a project, program, or portfolio that marks a major achievement or a phase of progress.

Resource Calendar

A calendar that documents the availability, working hours, holidays, and assignments of resources necessary for project completion.