Question

Step Number Step in the Process As your personal circumstances change, redefine your goals and revise your plans and strategies. Develop and use financial statements to evaluate the results of your plans and budgets. Develop and implement budgets to control your progress toward your goals. Implement your financial plans and strategies. Define your financial goals. Develop the financial plans and strategies needed to achieve those goals.

Answer 1

Explanation:

Here are the steps in chronological other:

(1) Define your financial goals.

(2) Develop the financial plans and strategies needed to achieve those goals.

(3)Develop and use financial statements to evaluate the results of your plans and budgets.

(4) Develop and implement budgets to control your progress toward your goals.

(5) Implement your financial plans and strategies.

(6) As your personal circumstances change, redefine your goals, and revise your plans and strategies.