Which of the following statements is true about financial planning? a). once you have painstakingly develop the financial plan it’s not wise to change it b) you must consider the tax consequences of selling your investments c) once you have made a decision to buy an investment there’s no need for continued evaluation d) any kind of financial expert such is a stock broker lawyer or accountant can you develop a comprehensive financial plan

The correct answer would be D, any kind of financial expert such as a stock broker, lawyer or accountant can help you develop a comprehensive financial plan.

Explanation:

Financial Planning is the planning about the finances of a person on the basis of his current income. He develops the future plans. At the organizational level, the financial planning is the planning of predicted profits on the basis of current production and costs associated with it. So if any kind of financial expert such as stock broker or lawyer or accountant is involved, then they can help the individual or organization to develop a comprehensive financial plan.

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