Multiple Choice Question Which of the following are the parts of the adult life cycle that influence the financial activities and decisions? O The teenage portions of the life cycle. The beginning of the adult portions of the life cycle. The stages in the family situation and financial needs of an adult. The stages of life when a person becomes an adult.

The parts of the **adult life cycle** that influence financial activities and decisions include: 1. **The beginning of the adult portions of the life cycle.** 2. **The stages in the family situation and financial needs of an adult.** **Explanation:** 1. **The beginning of the adult portions of the life cycle:** This stage typically involves entering the workforce, managing personal finances independently, budgeting, saving, investing, and possibly making significant financial decisions such as purchasing a home or starting a family. 2. **The stages in the family situation and financial needs of an adult:** As an adult's family situation evolves—such as getting married, having children, or preparing for retirement—their financial needs and priorities change. These stages influence budgeting, saving for education, insurance needs, retirement planning, and estate planning. **Incorrect Options:** - **The teenage portions of the life cycle:** While financial habits can begin during the teenage years, this stage is generally considered part of adolescence rather than the adult life cycle. - **The stages of life when a person becomes an adult:** This is more about the transition from adolescence to adulthood rather than the ongoing stages within adult life that influence financial decisions. **Therefore, the correct answers are:** - **The beginning of the adult portions of the life cycle.** - **The stages in the family situation and financial needs of an adult.**