The success of a financial plan will be determined by:
A) the amount of income available.
B) the stage of the adult life cycle.
C) a person's tax status.
D) how resources are used.
E) current economic conditions.

Question

Quizplus · Accepted Answer

The success of a financial plan ultimately depends on how effectively resources are used. The amount of income, stage of the adult life cycle, tax status, and current economic conditions can all impact a financial plan, but they do not necessarily determine its success. It is possible to have a successful financial plan with limited income or during economic downturns if resources are used wisely.

The Success of a Financial Plan Will Be Determined By