Both Client a and Client B Suffered Mild Strokes

question 2

Multiple Choice

Both Client A and Client B suffered mild strokes.Client A has been an accountant at the same company for the past 25 years and hopes to retire there.Client B is a homemaker who diligently clips coupons,shops sales,and keeps track of spending every day,finding it a fun challenge.Which statement is correct?

• A) Financial management is an activity for Client A and an occupation for Client B.
• B) Financial management is an activity for both Clients A and B.
• C) Financial management is an occupation for Client A and an activity for Client B.
• D) Financial management is an occupation for both Clients A and B.

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Definitions:

Customer Retention Rate

A measure of a company's ability to keep its customers over a period. It reflects the percentage of customers who remain with the company for a specific time.

Credit Score

A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of the individual.

Industrialization

The process in which a society or country transforms itself from a primarily agrarian society into one based on the manufacturing of goods and services.

Privatization

The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.