The third step of the financial planning process is to
A)develop financial goals.
B)implement the financial plan.
C)Identify alternatives.
D)evaluate and revise your actions.
E)create a financial plan of action.

Question

Quizplus · Accepted Answer

Identifying alternatives is the third step in the financial planning process, following the establishment of financial goals and the gathering of relevant financial information. This step involves considering different ways to achieve your financial goals before creating a detailed financial plan.

The Third Step of the Financial Planning Process Is to