Which of the Following Is Not a Key to a Successful

question 8

Multiple Choice

Which of the following is not a key to a successful financial plan?

• A)A specific statement is made indicating whether the goals are doable and the current household course is financially consistent with those goals.
• B)Steps have been taken to help with any human shortcomings and nonfinancial goals are given.
• C)Before completing the plan,a review process has been undertaken that confirms that the financial figures and recommendations make sense and are attainable,given the personalities of the individuals.
• D)None of the above are key to a successful financial plan.
• E)All of the above are key to a successful financial plan.

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Definitions:

Total Utility

The overall satisfaction or pleasure a person derives from consuming a certain quantity of goods or services.

Marginal Utilities

The increased enjoyment or benefit obtained by a user from the consumption of one more unit of a good or service.

Buyer's Income

The total earnings available to a buyer for the purpose of making purchases, including both disposable income and any credit.

Prices

The amount of money expected, required, or given in payment for goods or services.