Part of Life Event Number 1,getting Started,is Laying the Groundwork

question 84

Multiple Choice

Part of life event number 1,getting started,is laying the groundwork for your financial goals.Which of the following is part of laying the groundwork?

• A)Establishing a budget
• B)Checking your credit score
• C)Establishing an emergency fund
• D)All of the above are correct.
• E)Only A and B are correct.

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Definitions:

Expected-Rate-Of-Return

An alternative phrasing for the anticipated gain or potential loss from an investment over a specified period, accounting for risk.

R&D Activities

Research and Development activities involve investigative efforts companies undertake to innovate and introduce new products or services.

R&D Spending

Expenditures devoted to research and development in order to innovate, improve products, or discover new processes and technologies.