Question

which of the following is not part of the financial planning process? determining your current financial situation developing financial goals acquiring consumable and durable goods on credit identifying and evaluating alternative courses of action the term used to define the price that is paid for the use of anothers money is a price tag money market value interest face value

Explanation:

For the first question, the financial - planning process includes determining the current financial situation, setting goals, and evaluating alternatives. Acquiring consumable and durable goods on credit is more of a consumption behavior rather than a part of the financial - planning process. For the second question, interest is the price paid for the use of another's money. A price tag is for goods, money market value is related to the value of financial instruments in the money market, and face value is the nominal value of a financial instrument.

Answer:

1. C. acquiring consumable and durable goods on credit
2. C. interest