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QuizMultiple Choice

Case Study: Personal Financial Planning — Quiz

Question 1 • Personal Finance

Marlene has decided to save $3,500 so that she can attend the nearby community college. Which step in the decision process should Marlene take?

Answer
A
Evaluate results.
B
Gather information.
C
Take action.
D
Evaluate alternatives.

Explanation

Marlene has already decided on a goal: saving $3,500 for community college. The next step is to carry out the decision by beginning to save, which means she should take action. Evaluating alternatives or gathering information would come before making the decision, while evaluating results would happen after she has acted.

AI-written and checked against the verified answer.

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