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    Exam 2: Using Financial Statements and Budgets
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    The First Step in Financial Planning Is To
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The First Step in Financial Planning Is To

Question 61

Question 61

Multiple Choice

The first step in financial planning is to:


A) define one's financial goals.
B) set up a budget.
C) calculate one's liquidity ratio.
D) prepare a trend analysis.
E) list expenses.

Correct Answer:

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