Identify the Importance of a Financial Plan

question 35

Multiple Choice

Identify the importance of a financial plan.

• A)You may discover your passion and a sense of purpose in your life.
• B)You establish priorities in your life.
• C)You gain control over your time and your money.
• D)All of the options are correct.

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Definitions:

One Child Policy

A former birth control policy of China aimed at controlling the population by limiting families to only one child with few exceptions.

Human Resource Problems

Issues related to the management of employees within an organization, including recruitment, employment, and retention.

Developing Nations

Countries with lower levels of industrialization, lower standards of living, and lower Human Development Index (HDI) ratings compared to more industrialized nations.