Financial Planning Quiz – Financial Planning Basics for Beginners

1: Financial planning is where individuals and businesses have access to useful and affordable financial products and services.

2: Financial planning means, it is a consistent cycle of recognizing financial objectives, organizing those goals and planning for how to accomplish them..

3: Financial planning are the priorities and targets you set for how you want to save your money.

4: A financial planning is an estimate of future financial income and expenses for a company.

Financial planning means, it is a consistent cycle of recognizing financial objectives, organizing those goals and planning for how to accomplish them.

1: Gives you power to budget and prioritize expenditures.

2: Gives you power to prioritize your events.

3: Gives you power to budget your holiday trip.

4: Gives you power to judge others financial needs.

Gives you power to budget and prioritize expenditures.

1: Create Your Financial Goals.

2: Identify, Evaluate and Analyse your Plan-B.

3: Create Profit and Loss Statement before Implementing Plan.

4: Review your Financial Plan.

Create Profit and Loss Statement before Implementing Plan.

1: Lack of Communication.

2: Lack of Financial Forecasting.

3: Limitations of Financial Accounting Data.

4: No Availability of Data.

5: All of the Above.

All of the Above.

1: Specified, Measurable, Accurate, Relevant, Time.

2: Specified, Measurable, Achievable, Relevant, Time.

3: Specified, Manage, Achievable, Relevant, Time.

4: Specified, Measurable, Achievable, Rational, Time.

5: Specified, Measurable, Achievable, Rational, Technical.

Specified, Measurable, Achievable, Relevant, Time.

1: Listening, Analysis Information, Planning, Implementation, Control & Monitoring.

2: Specified, Manage, Accurate, Relevant and Time.

3: Communication, Forecasting, Financial Plan, Analyzing Financial Accounting Data.

4: Create Your Financial Goals, Identify and Evaluate Financial Plan.

Listening, Analysis Information, Planning, Implementation, Control & Monitoring.

1: Diversified Portfolio of Stocks.

2: Diversified Portfolio of Bonds.

3: Diversified Portfolio of Fixed Deposits.

4: None of the Above.

5: All of the Above.

Diversified Portfolio of Stocks.

1: Equity to Debt Funds Allocation.

2: Cash Reserves and Cash Flow.

3: Analyzing Financial Ratios.

4: None of the Above.

5: All of the Above.

None of the Above.

1: Government Guarantees.

2: Capital Appreciation.

3: Tax Deductions.

4: None of the Above.

Capital Appreciation.

1: Oil and Natural Gas Partnerships.

2: Equity Stocks.

3: Mutual Funds.

4: Government Bonds.

Oil and Natural Gas Partnerships.

1: Types.

2: Source.

3: Disadvantage.

4: Goals.

5: None of the Above.

Goals.