Solved

Jim Johnson Was Laid Off from His Job Two Months

Question 21

Multiple Choice

Jim Johnson was laid off from his job two months ago. He just received an offer for a position that pays 3/4 the salary of his old job. Why should he set up a financial plan?


A) To increase the effectiveness of obtaining, using, and protecting his financial resources.
B) To decrease control of his financial affairs regarding debt.
C) To accept the loss of freedom from financial worries due to his new position.
D) To learn how to manage depending more on others.
E) To find out why he was laid off.

Correct Answer:

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