Question

    Which of the following is a primary goal of financial

    planning?
    A Maximizing tax liabilities Correct Answer Incorrect Answer
    B Short-term speculation Correct Answer Incorrect Answer
    C Achieving Long term financial goals Correct Answer Incorrect Answer
    D Avoiding all risk Correct Answer Incorrect Answer
    E Reducing diversification Correct Answer Incorrect Answer

    Solution

    Financial planning aims to achieve long-term financial goals by developing strategies for saving, investing, and managing expenses.

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