A Major Activity in the Planning Component of Financial Planning

question 20

Multiple Choice

A major activity in the planning component of financial planning is:

• A)selecting insurance coverage.
• B)evaluating investment alternatives.
• C)gaining occupational training and experience.
• D)allocating current resources for spending through budgeting.
• E)establishing a line of credit.

---

Definitions:

High Stimulating

Pertains to environments, activities, or stimuli that are rich in sensory input and can elicit strong physiological or psychological responses.

Temperament Stability

The consistency of an individual's mood, disposition, and behavioral tendencies over time.

Temperamental Style

Individual differences in emotional reactivity and self-regulation that are present from birth and form the basis of personality.

Inborn Tendencies

Natural instincts or inclinations that are present from birth, reflecting genetic or inherent characteristics of an individual.