Question

All of the following are examples of qualitative information that should be collected by the financial planner except:

a. General attitudes about spending money.
b. The client's tolerance for risk.
c. Client age and number of children.
d. Education goals for children.

Answer 1

Client age and number of children are examples of quantitative data because they are measurable, while the other options represent qualitative data.

Step-by-step explanation:

The question is asking to identify which option is an example of quantitative data rather than qualitative data. Qualitative data are subjective and can include opinions, attitudes, and beliefs. On the other hand, quantitative data are countable or measurable. General attitudes about spending money and the client's tolerance for risk are examples of qualitative data since they represent opinions and predispositions. Education goals for children also pertain to qualitative data as they involves subjective planning and aspirations. However, client age and number of children are categorically quantitative data as they are measurable and can be expressed numerically.