Which of the Following Is NOT a Component of Money

question 38

Multiple Choice

Which of the following is NOT a component of money management?

• A) Storing personal financial records to document business transactions and legal matters.
• B) Creating personal financial statements to measure and assess financial position and progress.
• C) Creating a budget.
• D) None of these are components of money management.
• E) Storing personal financial records, creating personal financial statements, and creating a budget are all components of money management.

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Definitions:

Humane Setting

An environment that ensures the well-being and ethical treatment of all individuals.

Long-Term Care

A variety of services designed to meet a person's health or personal care needs during a short or long period of time.

Individual Choice

The freedom or ability of an individual to make decisions based on personal preferences, desires, or beliefs.

Privacy

The right or condition of being free from unauthorized intrusion or disclosure of personal information.