By which of the following steps in the financial planning process do we ask "Have SWOT,sensitivity and scenario analysis been considered?"
A)Establishing the scope of the activity.
B)Gathering the data and identifying goals.
C)Compiling and analyzing the data.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

SWOT (Strengths, Weaknesses, Opportunities, Threats), sensitivity analysis, and scenario analysis are all tools used during the data compiling and analysis step in the financial planning process. This step involves looking at the data gathered to determine the strengths and weaknesses of the plan, as well as examining the impact of various scenarios and changes in assumptions through sensitivity and scenario analysis.

By Which of the Following Steps in the Financial Planning