In a Planning Context

question 80

Multiple Choice

In a planning context,

• A) closed facts are preferred to open facts.
• B) new facts are preferred to old facts.
• C) old facts are preferred to new facts.
• D) open facts are preferred to closed facts.
• E) None of these.

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Definitions:

Financial Assets

Assets that derive value because of a contractual claim, such as bank deposits, stocks, bonds, and investments.

Pension Reserves

Are funds set aside by employers, governments, or other organizations to support employees' retirement benefits.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.

Mutual Fund Shares

Units of ownership in a mutual fund, representing an investor's proportionate stake in the fund's holdings and entitling them to a share of the fund's profits.