Personal Financial Planning Has the Main Goal Of

question 26

Multiple Choice

Personal financial planning has the main goal of:

• A)Savings and investing for future needs.
• B)Reducing a person's tax liability.
• C)Managing money to achieve personal economic satisfaction.
• D)Spending to achieve financial objectives.
• E)Savings, spending, and borrowing based on current needs.

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Definitions:

Dividends Paid

The total amount of dividends that a company has returned to its shareholders from its net income.

Voting Shares

Equity securities granting holders the prerogative to vote on corporate decisions and board member selections.

Dividends Paid

The portion of a company's earnings that is distributed to shareholders as a return on their investment in the company's equity.

Voting Shares

Voting shares that enable the owner to have a say in corporate affairs, such as the selection of the board of directors.