Which of the following should not be considered into financial planning?Select one:a.Personal cell phoneb.Marketingc.Professional feesd.Salaries
Question
Which of the following should not be considered into financial planning?Select one:a.Personal cell phoneb.Marketingc.Professional feesd.Salaries
Solution
The answer is a. Personal cell phone. This is because financial planning in a business context usually involves costs directly related to the operation and growth of the business. While a personal cell phone could be used for business purposes, it is generally not considered a business expense unless it is specifically designated for business use. Therefore, it should not be considered in financial planning.
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