The Step in the Personal Financial Planning Process That Follows

question 73

Multiple Choice

The step in the personal financial planning process that follows "Create and implement your financial action plan" is

• A) Review and revise your financial plan
• B) Identify alternative courses of action
• C) Determine your current financial situation
• D) Evaluate your alternatives
• E) Develop your financial goals

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Definitions:

Anticipatory Socialization

The first socialization stage, which encompasses all of the learning that takes place prior to the newcomer’s first day on the job.

Awards

Recognitions given to individuals or groups for their achievements, performance, or quality of work.

Rites of Passage

Ceremonial events or practices that mark an individual's transition from one status to another within their society or community.

Retirement Dinners

Social events organized to honor and celebrate the career of an individual retiring from active professional life.