Financial plans should include objectives and goals in which of the following areas?
A)Spending
B)Risk management
C)Capital accumulation
D)All of these

Question

Quizplus · Accepted Answer

Financial plans should include objectives and goals in spending, risk management, and capital accumulation, as these areas are interdependent and all contribute to overall financial health and stability. By addressing all three areas, individuals can achieve a balance between short-term needs and long-term goals, while minimizing financial risks and maximizing opportunities for growth and wealth accumulation.

Financial Plans Should Include Objectives and Goals in Which of the Following