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Personal Finance - EL3403
Unit Test — Unit test
Question 6
6
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Unit Test — Unit test
Question 6 • Personal Finance - EL3403
There are four steps in solving one’s personal financial challenges:1. considering opportunity costs2. assessing risks and returns 3. setting short- and long-term goals4. assessing needs and wantsWhich of these is the correct order of these steps?
Answer
A
2, 1, 3, 4
B
1, 2, 3, 4
C
4, 1, 2, 3
D
4, 2, 3, 1
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