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Question 4: Client Inquiries (10 marks). Client inquiry #1: Why are the value of the assets and liabilities on personal finance statements not at

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Question 4: Client Inquiries (10 marks). Client inquiry #1: Why are the value of the assets and liabilities on personal finance statements not at cost of purchase or the amount of dollars borrowed? (3 marks) Client inquiry #2: What would be the two most effective ways to reduce my ecological footprint while saving money? (4 marks) Client inquiry #3: Why is there a schedule of monitoring included in my financial plan? (3 marks) Required: a) For each of the client inquires above, provide a response to the client to increase their understanding of the topic.

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