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Please give me the answers Question 10 Incorrect Maya (22) is a fresh college graduate with $45,000 in student debt. She enjoys the beach, and
Please give me the answers
Question 10 Incorrect Maya (22) is a fresh college graduate with $45,000 in student debt. She enjoys the beach, and she would like to take frequent vacations to Hawaii this year. Given her financial situation, which most likely describes the best method of utilizing Maya's resources? 0.00 points out of 0.50 P Flag question 0 Select one: a. Taking a full time seasonal job to save money for trips b. Taking a traditional full time job with an emphasis on vacation time over salary * c. Spending as much time earning in the market as is reasonable Question 11 Incorrect Which client would you expect to have the most pressure on their time? 0.00 points out of 0.50 P Flag question Select one: a. A senior client with a large inheritance and an interest in philanthropy * b. A middle aged client with two small children that's starting a business c. A young client that is unmarried and without children, but has high debt 0 Question 12 Incorrect After identifying and prioritizing goals a financial planner should: 0.00 points out of 0.50 P Flag question Select one: a. Make recommendations to the client based on information gathered including facts and circumstances X b. Analyze the client's current course of action and potential alternative courses of action c. Provide disclosures including a description of material conflicts of interest before continuing work with the client 0 Question 13 A client presents you with the following qualitative goal: "I want to ensure that my children can attend college." Which of the following processes would best help you advise your client? Incorrect 0.00 points out of 0.50 P Flag question Select one: a. Use average college tuition rates to calculate a savings goal for the client to add to their budget. b. Discuss why the client has this particular goal, using the response to tailor a solution, and discuss various scenarios to find which makes the client the most comfortable before creating a savings goal for the client. c. Discuss which specific college the client wants their children to attend and how much they want to cover to calculate a savings goal. X Question 14 What should a financial planner do if they are not provided with enough information to fulfill their scope of engagement with their client? Incorrect 0.00 points out of 0.50 P Flag question Select one: a. Continue working with the client hoping information is eventually provided b. Make assumptions to fill missing information X c. Limit the scope of engagement 0Step by Step Solution
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