The way you want to spend your time, money, and resources in the future are your _____.

• A. retained earnings
• B. liabilities
• C. dividends
• D. goals

Answer: (D)

Verified step by step guidance

1. Step 1: Begin by understanding the context of the question. It is asking about the term that represents how you plan to allocate your time, money, and resources in the future.
2. Step 2: Review the definitions of the provided options: Retained earnings refer to the portion of net income retained by a company rather than distributed as dividends. Liabilities are obligations or debts owed by a company. Dividends are payments made to shareholders from a company's profits.
3. Step 3: Compare these definitions to the concept of planning future allocation of resources. None of the financial accounting terms (retained earnings, liabilities, dividends) directly align with this concept.
4. Step 4: Recognize that the term 'goals' is more appropriate in this context, as it refers to the objectives or plans for future allocation of resources, time, and money.
5. Step 5: Conclude that the correct answer is 'goals,' as it best fits the description provided in the question.