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QUESTION IMAGE

creating a financial plan • involves the following steps ○ the financia…

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

Explanation:

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.

Answer:

identifying the financial situation, determining courses of action, evaluating alternatives, reviewing and revising the plan