A Formalized Report That Summarizes Your Current Financial Situation, Analyzes

question 56

Multiple Choice

A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends a direction for your financial activities is a(n) :

• A) insurance prospectus.
• B) financial plan.
• C) budget.
• D) investment forecast.
• E) statement.

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Definitions:

Message Format

The structure or layout of a message within a communication system, defining how information is organized and transmitted.

Email Account

A registered account with an email service provider that allows users to send and receive email messages.

Signature

A signature is a person's handwritten name or mark, used for approval or identification, or its electronic equivalent.

Default

A pre-set option adopted by a computer program or other mechanism when no alternative is specified by the user or programmer.