Which of the following components make up a financial plan?

Question

Quizplus · Accepted Answer

All three components - the strategic plan, investment plan, and financing plan - are essential parts of a comprehensive financial plan. The strategic plan outlines the long-term goals of the individual or organization, while the investment plan focuses on creating a diversified portfolio designed to achieve those goals. The financing plan addresses how to fund the strategic and investment plans, including debt repayment and cash flow management. Together, these components form a cohesive financial plan that helps ensure financial success.

Which of the Following Components Make Up a Financial Plan