Question
1. John is a financial planner and is reviewing his clients finances. Which of the following would represent the major categories of their balance sheet?
1. John is a financial planner and is reviewing his clients finances. Which of the following would represent the major categories of their balance sheet?
- A. Assets, Liabilities, Net Expenses
- B. Assets, Liabilities, Net Worth
- C. Income, Expenses, Net Cash Flow
- D. Income, Expenses, Free Cash Flow
2. Sarah is a recent graduate and is assisting Evan, the senior partner of the financial planning firm. As Sarah assists Evan in putting together financial plans for clients, she will be using products and strategies to reduce or eliminate risk. Which of the following represents a risk area that Sarah is evaluating?
- A. Unemployment
- B. Disability
- C. Insufficient savings for a vacation
- D. High savings to debt ratio
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Faith Family And Finances Strong Foundations For A Better Life
Authors: Henry Fernandez, Kenneth Copeland
1st Edition
1603742808, 978-1603742801
