What is the first step in financial planning?

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Answer 1
Answer:

Answer:  Analyzing the current situation

Explanation:  I just took the test and this is the correct answer.

Answer 2
Answer: DETERMINING YOUR OBJECTIVES FOR THE PLAN


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Complainer in the business or workplace

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Hi There! :)

Complainer in the business or workplace

workplace

Stan loves collecting stamps. he receives an email that appears to come from a​ well-known stamp auction site asking him to reset his username and password. he clicks on the link and it takes him to a site that looks similar to the auction​ site, but the web address is​ "scrambled" and unreadable. he emails the customer service desk at the auction site and discovers they never sent the email. this scenario is an example of attempted​ ________.

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This is an example of attempted 'Phishing'

On the internet, Phishing is a practice whereby someone tries to steal important personal information such as email passwords, credit card details, bank account information by posing as a trustworthy company/person/entity.

It is a big problem on the internet where thousands of people are scammed by con-artists who develop email addresses and fake websites to pose as their bank or even as someone they know


Each of 20 consumers is provided with a pack- age containing two different brands of instant coffee. a week later, they are asked to rate the taste of each cof- fee on a scale of 1 (poor taste) to 10 (excellent taste). is this an example of independent samples or dependent samples?

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These are independent samples because the score of one coffee does not affect the score of the other coffee.

If the consumers were comparing the coffees, they would be dependent (one is better or worse when compared to the other). In this case they are independent because rating one coffee a 10 has no effect on what they rate the other coffee.

Jenny is a financial planner and wants to sell fixed-income investments. For this purpose, she requires a(n) certificate.

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To became a financial planner that sell fixed-income investment, Jenny requires a CFP certificate.

In order to get it, Jenny has to pass the CFP certification exam that's administered by the CFP board, as a sign that Jenny has fulfilled the standard.

ANSWER: FINRA Series 7

EXPLANATION: Jenny needs a FINRA Series 7 certificate which will allow her to sell and buy security products such as Mutual Funds, Stocks, Bonds and Fixed Income Investments.

The advisor needs to pass a test consisting of 250 multiple choice questions which are there in two sections of 125 each. Time alloted is three hours for each section. It is also required to work for an organization registered with FINRA to secure the license.

Rationing is a common form of distribution in a _____. a.a centrally planned economy. b.a free market economy.
c.a price-based system.
d.a market based on competition.

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Rationing is a common form of distribution in a CENTRALLY PLANNED ECONOMY.

Rationing is another tool used by the government to allocate goods. This tool was implement during World War II. Rationing the price control during WWII helped Americans by easing shortages and guaranteeing that they will enjoy a minimum standard of living.

The correct option is a centrally planned economy. Rationing is a common form of distribution in a centrally planned economy.

Rationing is a common form of distribution in a centrally planned economy. In such an economic system, the government or a central authority controls the allocation of resources and goods. Rationing is a method used to ensure equitable distribution of scarce resources or essential goods among the population. It involves setting limits or quotas on the amount of goods or resources that individuals or households can obtain. Rationing can be implemented through a system of coupons, vouchers, or permits that entitle individuals to a certain amount of goods or services. This approach helps to prevent hoarding, price gouging, or unfair distribution. Rationing is often used during times of crisis or in economies where resources are limited and the government aims to ensure that basic needs are met for all citizens.

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Professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact are referred to as _________. integrated marketing systems horizontal marketing systems vertical marketing systems functional marketing systems cooperative marketing systems

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Professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact are referred to as vertical marketing systems.