Question

What is the primary benefit of earning a higher return on investments in financial planning?

a.

Meeting specific transaction needs

b.

Increasing independence and influence

c.

Pre-funding contingencies

d.

Allocating resources for future provisions

Answer: (b).Increasing independence and influence Explanation:Earning a higher return on investments in financial planning is desired because it helps increase one's wealth, which is linked with independence, enterprise, power, and influence.

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Q. What is the primary benefit of earning a higher return on investments in financial planning?

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