Which of the Following Is Not True for the Accumulation

question 13

Multiple Choice

Which of the following is not true for the accumulation stage:

• A) necessity to build cash reserves and emergency funds
• B) high level of security
• C) buying basic assets like home
• D) necessity to create funds for children's education

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Definitions:

Personal Gain

Pursuing actions or decisions primarily for self-benefit or personal advantage.

Cognitive Dissonance Theory

A concept in social psychology that describes the discomfort felt by an individual who holds contradictory beliefs, ideas, or values.

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Conflict

A situation or internal state of discord arising from opposing or incompatible forces, desires, or interests.