word document that contains your numbered

timer Asked: Nov 26th, 2016

Question description

Create a word document that contains your numbered answers There is no need to retype the questions. Number your answers to correspond Opportunity cost refers to FORMTEXT       a. your personal values. FORMTEXT       b. trade-offs when a decision is made. FORMTEXT       c. current economic conditions. FORMTEXT       d. commonly accepted financial goals. The final step in the financial planning process is to FORMTEXT       a. create a financial plan of action. FORMTEXT       b. develop financial goals. FORMTEXT       c. evaluate and revise your actions. FORMTEXT       d. implement your financial plan. Financial strategies refer to FORMTEXT       a. the process of predicting your future financial situation. FORMTEXT       b. courses of action to achieve financial goals. FORMTEXT       c. resources an individual has available for investing. FORMTEXT       d. ideas or principles that are considered correct, desirable, or important. A(n) __________ is a specific plan for spending. FORMTEXT       a. budget FORMTEXT       b. balance sheet FORMTEXT       c. income statement FORMTEXT       d. bank statement An example of a liquid asset would be FORMTEXT       a. a home. FORMTEXT       b. an automobile. FORMTEXT       c. a checking account. FORMTEXT       d. retirement account.

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