Question 1 (5 points)
The first step of the financial planning process is to:
Question 1 options:

develop financial goals.

implement the financial plan.

analyze your current personal and financial situation.

evaluate and revise your actions.
Question 2 (5 points)
The uncertainty associated with decision making is referred to as:
Question 2 options:

opportunity cost.

selection of alternatives.

financial goals.

risk.
Question 3 (5 points)
The financial planning process concludes with efforts to:
Question 3 options:

review and revise your actions.

create a financial plan of action.

analyze your current personal and financial situation.

review the financial plan.