ILL MARK BRAINLLEST AWNSER ALL 9
1 What is a safe deposit box? What financial records are best kept in one?

2 What are liquid assets? What are non-liquid assets? What are some examples of each?

3 What are liabilities? Describe two different types of liabilities.

4 What is net worth?

5 What is budget variance?



Critical Thinking Questions

6 Why are financial records important? How does keeping organized financial records contribute to successful money management?

7. Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?

8. What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own money management?

9. What are the pros and cons of using the different types of budget systems? Which one do you prefer?

Answers

Answer 1

Answer:

Explanation:

1.A safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault. Safe deposit boxes are generally located in banks, post offices or other institutions

2. he most common examples of non-liquid assets are equipment, real estate, vehicles, art, and collectibles. Ownership in non-publicly traded businesses could also be considered non-liquid. With these kinds of assets, the time to cash conversion is difficult to predict.

3. Current liabilities (short-term liabilities) are liabilities that are due and payable within one year. Non-current liabilities (long-term liabilities) are liabilities that are due after a year or more. Contingent liabilities are liabilities that may or may not arise, depending on a certain event.

4. it is a persons total worth.

5.Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost. Favourable or positive budget variance occurs when: Actual revenue is higher than the budgeted revenue. Actual expenses are lower than the budgeted expenses.

6.Managing daily business activities such as paying bills. In order to best manage your money and responsibilities, you need to know what you owe, who you owe it to, and when you need to pay it.

7.Cash flow statements are useful in managing money because it helps you keep track of your financial record of income expenditures for a particular period of time.

8. well planned, realistic, spending habits, methods to keep track of spending and how to manage for variable expenses.

9.Mental budget:

PRO ⇒ easiest possible way of making a budget,

CON ⇒ isn't very accurate.

Physical budget:

PRO ⇒ quite simply, just place money on envelopes according to what things you should pay with them,

CON ⇒ cannot keep a exact record.

Write down the budget:

PRO ⇒ write down the budget on a notebook or an excel spreadsheet,  writing down the budget helps to stick with it.

CON ⇒ you need to permanently check and adjust your budget.

Accounting or Financial software:

PRO ⇒ use software (e.g. Quicken) to help you  create a budget that includes tax records and bank accounts.

CON ⇒ it is more complicated and you need to pay for the software.


Related Questions

Internal recruitment may be practiced in companies today. TRUE OR FALSE​

Answers

True!.................

PLS ANSWER

The unit discusses the word ‘holistic’ in relation to childbirth. Can you think of any other areas of health and wellness that might have holistic approaches? Why might someone want to try a holistic approach?

Answers

Answer:

The word Holistic means to realize and observes any social behaviors in patients and how they see themselves, along with the treatment they may need. A holistic approach may be needed in a situation where a patient needs both mental and physical treatment.

Explanation:

This was just my answer for the assignment. Please rephrase and reword it if you are going to use it.

Hope this helps!

This picture clicked by me
How's it​

Answers

Answer:

This is absolutely stunning.

Explanation:

I love photography too so this really strikes me. It's well taken, love the softness of it and the clarity of the water. Good job! I'm gonna take a screenshot if you don't mind

What did you take it with?

What had to develop in a society before sports and entertainment marketing made sense as a business?


1People with enough talent or skill had to emerge.
2More people needed to have discretionary income.
3Formal sports teams had to be formed.
4Traditional patronage by the wealthy had to end.

✓More people needed to have discretionary income.

Answers

Answer:

2. More people needed to have discretionary income.

Explanation:

Discretionary income is a form of income that an individual has or remains with after paying for the necessary expenses such as tax, utility bills, rents, foodstuffs, etc.

Hence, "More people needed to have discretionary income" in a society before sports and entertainment marketing made sense as a business.

The reason is simple; it is after people had satisfied the necessary expenses that's when they can pay for entertainment under normal circumstance

____The _______the down payment, the ______you have to borrow.
A.Smaller, less
B.More, more
C.More, less
D.Less, less

Answers

Answer: C.More, less

Explanation:

When you have much to do with money and it resolves you to borrowing, the more the down payment, the less you have to borrow. Having more would make you not to borrow much for the situation.

Market control Multiple Choice does not assume that the interests of the organization and individuals naturally diverge. is based on the idea that employees may share the values, expectations, and goals of the organization and act in accordance with them. includes such items as budgets, statistical reports, and performance appraisals. uses prices, competition, and exchange relationships to regulate activities. is the use of rules, standards, regulations, hierarchy and legitimate authority to guide performance.

Answers

Answer: uses prices, competition, and exchange relationships to regulate activities.

Explanation:

Market control involves using pricing mechanisms and exchange relations for the regulation of organizational activities. In market control, competition, prices, and exchange relationships are used to regulate the activities.

The option about the assumption that the interests of the organization and individuals naturally diverge is the clan control.

elobrate on the tertiary sector​

Answers

Answer:

Explanation:

The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).

Answer:

Tertiary Sector is a sector which does not include agriculture and industries in it, however, it includes banking, communication, power, education, health etc.

Explanation:

Tertiary activity consists of all service occupations. Transport, communication, trade, health, education and administration are important examples of tertiary activities. These tertiary activities help in the development of the primary and secondary sectors.

Insurance is an example of a(n)_______


A) fixed cost
B) opportunity cost
C) variable cost
D) none of the above

Answers

Answer:

Based on my research I believe that the answer is 'A. Fixed Cost'.

Explanation:

I hope this was helpful, have a blessed day.

ANSWER

Based on my research I believe that the answer is A- Fixed cost

Explanation

Fixed cost are those cost which are not output dependent .

Fixed cost are fixed till certain level of output.

Fixed cost per unit charges with output.

I hope this was helpful

A hotel is part of what industry?
A.
Service
B.
Wholesaling
C.
Subcontracting
D.
Cottage


Please select the best answer from the choices provided

A
B
C
D

Answers

Hopes this helps:

Answer: A. Service

Please mark as brainlist
A.
Service i did this

ds
Ithis list is in
order.
Zahn
Smith
Mason
Fitzpatrick
Billings
alphabetical
O incorrect
O ascending
O descending

Answers

The answer is descending
I think

Regina is looking to start a knitting business and completes a target profile to include in her business plan. Identify which item in her target market profile is in the wrong category and where it should be moved. ​

Answers

Answer:

geographic information

what is the ownership structure of a company or firm?

Answers

Answer:

I think it's called a chairman if that's what your asking not entirely sure but I wanted to help you. Please give me brainliest too I only need 4 more until virtouso

Explanation:

The answer would be a business organization

Which of the following is most likely to be a benefit of storing the information from each calling session in a database? The company can analyze the calling session data and thereby make better business decisions. The company can analyze the calling session data and thereby make better business decisions. A The company can ensure that customer information is protected from misuse. The company can ensure that customer information is protected from misuse. B The company can reduce the costs associated with data storage. The company can reduce the costs associated with data storage. C The company can reduce its need for data compression.

Answers

Answer:

The company can analyze the calling session data and thereby make better business decisions.

Explanation:

Feedback from the customer and a view of how the customer pictures a company is a very important tool used to change future decisions a business makes.

This will influence decisions that will make the company more competitive and satisfy it's customers.

In the given instance a benefit of storing the information from each calling session in a database is that information gleaned from such calls will guide management in making customer friendly policies in the future.

Match the financial institutions with the services provided by them.

commercial banks
investment banks
credit union
savings and loan associations
pension fund
insurance companies

serve the interests of both investors as well as companies looking for capital

accept deposits, finance home loans and have safe deposit facilities

acts as a link between small money savers and home buyers

cooperatives that lend and borrow money among themselves

collects money in the form of premiums with an assurance to protect the customer from risks

provides post-retirement benefits to employees

Answers

Answer: See explanation

Explanation:

serve the interests of both investors as well as companies looking for capital = investment banks

accept deposits, finance home loans and have safe deposit facilities = commercial banks

acts as a link between small money savers and home buyers = saving and loan association

cooperatives that lend and borrow money among themselves = credit union

collects money in the form of premiums with an assurance to protect the customer from risks = insurance company

provides post-retirement benefits to employees = pension fund.

Answer:

commercial banks accept deposits, finance home loans and have safe deposit facilities,

credit unions are cooperatives that lend and borrow money among themselves,

saving and loan association acts as a link between small money savers and home buyers,

investment banks serve the interests of both investors as well as companies looking for capital,

An insurance company collects money in the form of premiums with an assurance to protect the customer from risks,

and a pension fund provides post-retirement benefits to employees.

provide some of your thoughts on what “dress for success” means to you, and give some examples

i’ll give brainliest to best answer pls help!

Answers

I believe it means dress appropriately. Wear a suit or a dress and looks successful. Dress as the person you want to be.

The____represents more than. 380,000 retail and institutional food service operation, including restaurants, suppliers, educators, and non-profits.​

Answers

National Restaurant Association

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 9,188. The FICA tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,524.57. Her net pay for the month is:______ (Round your intermediate calculations to two decimal places.)

Answers

Answer:

$6,960.54

Explanation:

Gross payment = $9,188

Social security tax = 6.2% × $9,188 = $569.66

Medicare tax = 1.45% × $9,188 = $133.23

Federal income tax = $1,524.57

So, Net Pay = Gross Payment - Federal Income Tax- Social security Tax -Medicare Tax

By putting the value, we get

= $9,188 - $1,524.57 - $569.66 -  $133.23

= $6,960.54

Brainard Corporation's budgeted sales for the upcoming quarter are $400,000. Its supporting budgets and schedules show a beginning finished goods inventory of $15,000, budgeted cost of goods manufactured of $185,000, and a projected ending finished goods inventory of $25,000. Its selling and administrative budget projects expenses of $148,000, its budgeted interest expense is $7,000, and its tax rate averages 40%. 1. The company's budgeted gross profit for the upcoming quarter is $ . 2. The company's budgeted income before taxes for the upcoming quarter is $ . 3. The company's budgeted income taxes for the upcoming quarter are $ . 4. The company's budgeted net income for the upcoming quarter is $ .

Answers

Answer:

Brainard Corporation

1. The company's budgeted gross profit for the upcoming quarter is $225,000.

2. The company's budgeted income before taxes for the upcoming quarter is $70,000.

3. The company's budgeted income taxes for the upcoming quarter are $28,000.

4. The company's budgeted net income for the upcoming quarter is $42,000.

Explanation:

a) Data and Calculations:

Budgeted Income Statement for the quarter:

Budgeted sales                                       $400,000

Cost of goods sold:

Beginning inventory                $15,000

Cost of goods manufactured  185,000

Cost of goods available       $200,000

less Ending inventory               25,000    175,000

Gross profit                                            $225,000

Selling and administrative    $148,000

Interest expense                        7,000    155,000

Income before tax                                   $70,000

Income taxes (40%)                                   28,000

Net income                                              $42,000

Why is money management important? How would you rate your own money management?

Answers

Answer:

because it has money

Explanation:

Answer:

Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.

Explanation:

Carmita works at a factory in Dhaka, Bangladesh, where she sews blue jeans for a major American firm. On Mondays, she sews the side seams of the jeans, on Tuesdays she sews on pockets, Wednesdays she presses finished jeans, Thursdays she folds jeans, packages sets of twelve in shrink wrap and places them in boxes, and on Friday she sews decorative stitching on the pockets and side seams. Carmita is working under the job design technique of Group of answer choices job rotation. job enrichment. job specialization. job enlargement.

Answers

Answer:

job rotation

Explanation:

Job rotation is a strategy in which the employees rotate between the jobs at the similar type of business. Here the employees would take the new task at a different job before rotating to their original position. In this, the employee should have the vast knowledge & skills in every different task they have been performed

Since Carmita works differently on each day so here she is using job rotation technique

Daniels Inc. has a multidivisional structure. Out of the four divisions Daniels Inc. has, the electronics division failed to meet the performance targets while the insurance division performed better than the performance targets. The last two divisions, automobile and retailing, have both met the performance targets. Daniels Inc.'s top executives are trying to decide how to allocate capital for the next calendar year. Which of the below scenarios is most likely to happen?A. The insurance division will get the highest capital allocation as this division has the best potential to generate more shareholder value. B. All divisions will receive the same capital allocation since this type of organizational structure is aimed at rewarding divisional managers based on achievement of strategic goals rather than financial goals. C. The electronics division will get the highest capital allocation to ensure the division fixes its performance issues and reach its performance goals. D. The automobile and retailing divisions will receive the highest allocation as their performance exactly matched the performance goals set by the corporate headquarters. right answer only

Answers

Answer:

B

Explanation:

#carry on learninggggg

What are the 3 reasons for the Wealth Gap?

Answers

Answer:

(iii) Growth in technology widens income gap. Growth in technology arguably renders joblessness at all skill levels [3].  

(iv) Gender does matter. In many countries, there is a gender income gap in the labor market [3].

(v) Personal factors.  

(ii) Globalization.

Explanation:

mark brainliest

What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?

Answers

Answer:

According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.

Explanation:

Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.

These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.

What type of accounting is more rules-based?

Answers

GAAP

Explanation:

That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.

Alternatively:

The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.

write a letter to your father asking for money to buy textbooks and pay for your school fees​

Answers

Answer:

pay

Explanation:

What is the outlook for marketing career opportunities
A The number of jobs in marketing is falling
B The number of jobs in marketing will remain steady
C no one knows what the outlook is for jobs in marketing
D The number of jobs in marketing is on the rise

Answers

Answer:

D The number of jobs in marketing is on the rise

Explanation:

The outlook for marketing career opportunities is  The number of jobs in marketing is on the rise. Thus the correct option is D.

What is a Career?

A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achieve the goals of life.

The outlook for marketing career opportunities is typically bright, As the demand for marketing professionals grows, This expansion is being driven by the growing importance of marketing in today's business environment and its significance.

Aside from marketing managers, there are numerous other marketing careers accessible, such as market research analysts, public relations specialists, and digital marketing specialists which brings career prosperity and growth.

Therefore, option D is appropriate.

Learn more about Career, here:

https://brainly.com/question/2160579

#SPJ2

which of these generally represents the last channel member in a distribution channel ?
a.the producer
b.the wholesaler
c.the consumer
d.the retailer

Answers

it’s c; the consumer

The consumer is generally representing the last channel member in a distribution channel. This option C is correct.

What is the  distribution channel?

A distribution channel is defined as a route that a product or service might take to reach the market. With the help of the distribution channel, the corporation sells directly to the consumer, typically via their website or retail shop.

Wholesalers, retailers, distributors, and the Internet are examples of distribution channels. The manufacturer sells directly to the customer through a direct distribution channel.

Multiple intermediaries are involved in indirect routes before the product reaches the customer. One of the most popular and efficient distribution methods is the store. Department stores, Supermarkets, specialized stores, and big-box retailers are examples of retailers.

Therefore, option C is correct, that In general, the consumer represents the final channel member in a distribution channel.

Learn more about the distribution channel, refer to:

https://brainly.com/question/15774206

#SPJ2

Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. Samira usually spends her breaks working at the local hardware store. After careful consideration, Samira decides to stay on the freshman basketball team and keep working over breaks.



The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates

a cause.
minor consequences.
a tradeoff.
unexpected risk.

Answers

Answer:

a tradeoff.

Explanation:

Because wants are unlimited and the resources available to satisfy these wants are limited, economic agents must undergo tradeoff

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

Samira's opportunity cost is missing out of the scholarship opportunity

to help in making tradeoff, the scale of preference should be constructed. the scale of preference orders the choices available to an economic agent in terms of importance

Answer:

a tradeoff.

Explanation:

Kirk McCoy is district sales manager for the Jimmy Dean division

Lee Corp. He has six sales managers that report to him. McCoy

most of the decisions for his people and demands that they check

him on any changes in pricing, sales scheduling and routing, and

presentation material. McCoy operates a department.

Answers

Answer: centralized

Explanation:

Based on the information given in the question, we can infer that McCoy operates a centralized department.

This is a centralized department because McCoy takes the decisions in the organization. In a centralized department, the organizational structure is such that the power regarding the decision is confined to top management, while the followers just follow the instructions

Who looks like clementine in the walking dead?

Answers

Answer:

hmm, My sister HAHAHA

Explanation:

for real tho 0-0

Search up cosplays fro the character clementine
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