Which of the following represents the proper order of the financial decision framework?
A)Analyze the information,formulate the question,gather information from financial statements,monitor your decision,make the decision.
B)Formulate the question,analyze the information,gather information from financial statements,monitor your decision,make the decision.
C)Formulate the question,gather information from financial statements,analyze the information,make the decision,monitor your decision.
D)Analyze the information,monitor your decision,make the decision,formulate the question,gather information from financial statements.

Question

Quizplus · Accepted Answer

The correct order starts with formulating the question to understand what needs to be decided. Next, gathering information from financial statements provides the necessary data. Analyzing this information helps in evaluating options. Making the decision comes after analysis, and finally, monitoring the decision ensures it achieves the desired outcome.

Which of the Following Represents the Proper Order of the Financial