4
QuizMultiple Choice

The Financial Plan

Question 4 • (Kapuschinsky)WCA 3424 Consumer Applications 1st nine weeks 26-27

Barry gets hurt at work and must go on disabililty for 4 months. On disability, the pay that Barry receives is 60% of his normal net pay. Barry should be fine if he has a plan for _____.

Answer
A
financing
B
managing his investments
C
managing his liquidity
D
protecting his assets

Explanation

Barry’s disability reduces his income to 60% of his normal net pay for four months, so he needs resources available to cover expenses during a temporary income shortfall. Planning for liquidity means ensuring he can access enough cash or other readily available funds when needed. The best answer is “managing his liquidity.”

AI-written and checked against the verified answer.

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