The first step in financial planning is to:
A)define one's financial goals.
B)set up a budget.
C)calculate one's liquidity ratio.
D)prepare a trend analysis.
E)list expenses.

Name: The first step in financial planning is to: A)define one's financial goals. B)set up a budget. C)calculate one's liquidity ratio. D)prepare a trend analysis. E)list expenses.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Defining one's financial goals is the first step in financial planning as it sets the direction for all subsequent financial decisions and strategies.

The First Step in Financial Planning Is To