Financial Planning MCQ Questions Answers
1. What is the primary objective of financial planning?
2. Which of the following is NOT considered an asset in financial planning?
3. Risk management in financial planning primarily involves:
4. What is the role of a financial advisor?
5. Financial independence is often achieved by:
6. Which of the following is the primary source of income for most individuals?
7. A financial plan typically includes:
8. Which of the following is a long-term financial goal?
9. What is meant by 'net worth' in financial planning?
10. What is a key benefit of diversification in investment?
11. The concept of 'cash flow' refers to:
12. Which of the following is a key component of financial planning?
13. Which of these is a characteristic of a good financial plan?
14. What is the first step in the financial planning process?
15. Financial planning requires identifying both short-term and long-term:
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