QUESTION IMAGE
Question
creating a financial plan
- involves the following steps
○ the financial situation
○ setting financial goals
○ courses of action
○ evaluating
○ finalizing the plan
○ implementing the plan
○ and revising the plan
Brief Explanations
- For "the financial situation", we need to first recognize or find out what it is, so "identifying" is appropriate.
- For "courses of action", we need to figure out or settle on them, so "determining" fits.
- When "evaluating", we consider different possibilities, so "alternatives" is correct.
- For "and revising the plan", we look back at it, so "reviewing" is right.
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identifying the financial situation, determining courses of action, evaluating alternatives, reviewing and revising the plan