Multiple Choice
Sophia Martin is assessing her balances.She expects to retire in the next year and has $675,000 in savings and investments and owns her own home that is worth $250,000.Which step in the financial planning process does this situation demonstrate?
A) Determining her current financial situation
B) Developing her financial goals
C) Identifying alternative courses of action
D) Evaluating her alternatives
E) Implementing her financial plan
Correct Answer:
Verified
Correct Answer:
Verified
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