A major activity in the planning component of financial planning is:
A)selecting insurance coverage.
B)evaluating investment alternatives.
C)gaining occupational training and experience.
D)anticipating spending through budgeting.
E)establishing a line of credit.

Question

Quizplus · Accepted Answer

Anticipating spending through budgeting is a key activity in the planning component of financial planning as it involves forecasting future expenses and ensuring that financial resources are allocated appropriately to meet those expenses.

A Major Activity in the Planning Component of Financial Planning