________ Is the Act of Planning How Wealth Will Be

question 17

Multiple Choice

________ is the act of planning how wealth will be allocated on or before your death.

• A) Asset allocation
• B) Estate planning
• C) Liquidity planning
• D) Management planning

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Definitions:

Equipment Options

Refers to the variety of choices available for machinery and tools required for the production process or offered to customers.

Qualified Drivers

Individuals who have met specific standards and hold the necessary licenses to operate vehicles professionally.

Transportation Management System (TMS)

A subset of supply chain management concerning transportation operations, using technology to optimize, plan, and execute the physical movement of goods.

Routing And Scheduling

The process of determining the most efficient routes and schedules for transportation of goods to optimize delivery times and reduce costs.