The Six Steps, in Correct Order, for Completing a Financial

question 50

Multiple Choice

The six steps, in correct order, for completing a financial plan would be

• A)establish your financial goals, consider your current position, identify alternate plans to reach goals, select and implement a plan, revise the plan if necessary, and evaluate the plan.
• B)establish your financial goals, consider your current position, identify alternate plans to reach goals, select and implement a plan, evaluate the plan, and revise the plan if necessary.
• C)establish your financial goals, identify alternate plans to reach goals, consider your current position, select and implement a plan, evaluate the plan, and revise the plan if necessary.
• D)establish your financial goals, budget, identify alternate plans to reach goals, select and implement a plan, evaluate the plan, and revise the plan if necessary.

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Definitions:

U.S. Census Data

Demographic, economic, and geographic information collected by the United States Census Bureau, used for various planning and research purposes.

Gender And Income Distribution

Refers to the analysis of how income varies among different genders within a population, highlighting economic disparities.

Secondary Research

The process of collecting and analyzing existing data that was originally gathered for a purpose other than the current research project.

Secondary Data

Information that was collected previously for a different purpose but can be repurposed for a new research study or analysis.