Lynn Roy Knows That If She Continues to Work Full

question 60

Multiple Choice

Lynn Roy knows that if she continues to work full time,it will be difficult for her to get the time off she needs to be able to travel around the world.However,if she continues to work full time she will more easily earn the money she needs to take her trip and still have money left for her living expenses after she gets back from her trip.Which step in the financial planning process does this scenario demonstrate?

• A)Determining her current financial situation
• B)Developing her financial goals
• C)Identifying alternative courses of action
• D)Evaluating her alternatives
• E)Implementing her financial plan

---

Definitions:

Piggybacking

The act of attaching or linking something to an already existing system or process for an additional benefit or gain.

Groupthinking

A psychological phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.

Silent Brainstorming

is a technique where individuals generate ideas independently and silently before sharing them with the group.

Traditional Brainstorming

A creative group activity designed to generate a large number of ideas for the solution to a problem.