BUSN380 Tax Planning Process Assignment Help

BUSN380 Tax Planning Process Assignment Help

1. (TCO 1) The stages that an individual goes through based on age, financial needs, and family situation is called the:

financial planning process

budgeting procedure

personal economic cycle

adult life cycle

tax planning process

2. (TCO 1) A lack of willingness to accept a variety of employment positions is a common career planning mistake associated with weak:

common sense.

communication.

training.

flexibility.

perseverance.

3.(TCO 1) The abilities to work well with numbers, possess problem-solving skills, and have physical dexterity are examples of:

interests.

survival skills.

aptitudes.

occupational attitudes.

on-the-job training

4.(TCO 1) Which of the following situations is a person who could be insolvent?

Assets $56,000; annual expenses $60,000

Assets $78,000; net worth $22,000

Liabilities $45,000; net worth $6,000

Assets $40,000; liabilities $45,000

Annual cash inflows $45,000; liabilities $50,000

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