Question: A client provides a current balance sheet to the financial planner during the initial data-gathering phase of the financial planning process. This financial statement will

A client provides a current balance sheet to the financial planner during the initial data-gathering phase of the financial planning process. This financial statement will enable the financial planner to gain an understanding of all of the following except

	1.	Size of the clients net cash flow.
	2.	Clients use of debt.
	3.	Diversification of the clients assets
	4.	Clients liquidity position.

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