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What Are Common Factors Found in an Effective Financial Plan

Question 19

Multiple Choice

What are common factors found in an effective financial plan?


A) Effective financial plans should be flexible to allow for changes in your situation
B) Effective financial plans should provide sufficient liquidity to meet unexpected needs
C) Effective financial plans should provide insurance protection from catastrophic events
D) Effective financial plans should help you minimize paying taxes
E) All of the above are necessary in an effective financial plan

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