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) allocating current resources for spending.
E) establishing a line of credit.

Question

Quizplus · Accepted Answer

Allocating current resources for spending is a key part of financial planning as it involves budgeting and managing finances to meet current and future needs.

A Major Activity in the Planning Component of Financial Planning