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Question

_________ plan of action prepared under financial planning reduces waste, duplication of efforts, and gaps in planning.

A
Detailed
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B
Short
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C
General
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D
Basic
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Solution

The correct option is D Detailed
Financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans.
Therefore detailed plan of action is prepared under financial planning reduce waste, duplication of efforts, and gaps in planning.

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