Which of the following is a component of financial services?

Budget planning is indeed a crucial component of financial services because it involves creating a strategy for managing an individual or organization's financial resources. This process includes setting financial goals, estimating future revenues and expenses, and tracking performance against these goals. In the context of financial services, effective budget planning helps clients allocate their resources wisely, manage expenditures, and achieve financial stability or growth.

This aspect of financial services is essential for making informed decisions about investments, savings, and expenditures, ultimately enabling individuals and businesses to align their financial activities with their objectives. While marketing research, customer service evaluation, and consumer goods distribution may play important roles in their respective fields, they do not directly pertain to the core activities of financial services as budget planning does.