Using the services of financial institutions or financial specialists (such as insurance agents, certified financial planners or investment advisers) to seek relevant information is done in which step in the financial planning process

Question

Arely Watts

Business

19 March, 23:43

Using the services of financial institutions or financial specialists (such as insurance agents, certified financial planners or investment advisers) to seek relevant information is done in which step in the financial planning process

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Answers (1)

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Alena Cohen · Answer 1

The correct answer is Evaluate alternatives.

Explanation:

The evaluation of the project can be carried out having two different aspects, but not opposed: the private aspect and the social aspect, and will depend on the purpose pursued in each particular case.

A financial analysis should be carried out, using different procedures that allow measuring aspects such as capital added to the company, profitability, the time needed to recover the investment; These procedures are called investment project evaluation criteria: different financial procedures that are used to measure certain quantitative aspects of a project.