Maintaining a(n)positive attitude is a life skill that can help you be a productive and well-rounded person.
Having a positive attitude means being optimistic about situations, interactions, and yourself. human beings with high quality attitudes continue to be hopeful and notice the great even in difficult conditions.
For instance, wonderful attitudes can consist of: it is searching for adversity in the attention and guffawing. Getting what you get, and not pitching in shape. Playing the surprising, even when it's no longer what you desired in the beginning.
“You could display a fine mindset through the words you use,” Sweeney stated. “become a 'sure' person and attempt new things to look the way you do. deliver a while and ask co-people how you can assist them out if you have a free second. Volunteer to take the lead on new assignments.
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Juan is responsible for writing a contract between his company and a vendor. Arrange the tiles in the order in which Juan will complete the contract
Choose the key things to include in the contract and establish its structure by drafting an outline that arranges the clauses and provisions in the right sequence. Make a rough draft of the contract and put down all the facts. fine-tune the material, make sure it's clear, and look it over for grammar and spelling mistakes.
A sentence is a component of language that consists of a semantic predictand (expressed or not) and a semantic predicate. A typical clause comprises of a subject and a syntactic predicate, the latter of which is usually a verb phrase made up of a verb and any associated objects and modifiers. Even in languages with null subjects, other languages, and even English in the imperative mood, the subject is occasionally unvoiced if it can be retrieved from context. A simple sentence is complete when it has only one clause and one finite verb. Complex sentences have several clauses, including at least one independent clause (a clause that can stand alone as a simple sentence) coordinated either with at least one dependent clause (also known as an embedded clause) or with one or more independent clauses.
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Answer: see the picture
Explanation:
PLEASE PLEASE HELP ME PLEASEE
Answer:
Explanation: Be somewhat of a perfectionist and know what the product is and what it should be used for. Be open-minded and let a higher-up representative know if anything is wrong with the product.
You are trying to sell a new product to a store owner. Which method of presentation is likely the most effective?
quotes from other store owners on success of this product
a chart showing how sales will go up if they use this product
a free trial option to use the product for six months, no questions asked
all of the above
Answer:
C.
Explanation:
A free trial option to use the product for 6 months.
how does creating a data table help you organize and communicate important aspects of your data
Answer:
A data table helps you organize structured data and allows sorting of the table by column or content. This table is ideal for nonchronological information such as majors lists, offices or department lists, or lists of links to documents.
Explanation:
Answer:
A table helps you recognize the relationships among data and evaluate the data more effectively. Tables can be organized in many different ways, depending on what relationships you wish to examine. Tables can be a first step toward more complex ways of organizing data, such as charts or graphs.
(Scenario: The Production of Computers and Cell Phones in Canada and the United States) Use Scenario: The Production of Computers and Cell Phones in Canada and the United States. The table describes the production of two goods, computers and cell phones, in Canada and the United States. Each country has a linear production possibility frontier with respect to its production of the two goods. The numbers in each column represent the total number of units each country could produce if it used all of its resources to produce the good. The opportunity cost of producing one cell phone in Canada is _____ computer(s).
The opportunity cost of producing one cell phone in Canada is 0.5 computers.
What is the opportunity cost?The production possibility frontier is a curve in economics that is used to show the various combination of two goods a country can produce when all its resources are fully utilized. The production possibility frontier is concave to its origin. This is due to opportunity cost associated with the production of goods and services.
Opportunity cost is the cost of the next best option that is forgone when a country chooses to produce more of one good instead of more of the other good. Opportunity cost arises because the resources that are available to carry out production are available in limited resources.
For example, if Canada chooses to produce more cell phones it would be giving up the opportunity to produce more computers.
Opportunity cost for Canada in producing one cell phone = number of computers Canada can produce / number of cell phones Canada can produce.
50 / 100 = 0.5 computers
Here is the table used in answering this question:
Computers Cell Phones
Canada 50 100
United States 25 75
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COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST
YOU NEED TO PROVE YOUR ANSWER
Direction: Read each statement carefully. Write True in the blank if the statement is right and False if it is wrong and prove it.
1. Internal Forces refers to set of elements which affects organization's or firm's behavior.
2. External Forces is unpredictable and uncontrollable.
3. Poor corporate image is a strength of the firm.
4. Money is the lifeblood of every business.
5. Customers are the king of the market.
6. Demographic aspects are the characteristics of the people in which the organization can be found.
7. Macro and micro environment are types of internal environment.
8. Technological includes the use of robots and online commerce.
9. Improper plans and policies help the firm to accomplish its objectives.
10. Socio-cultural are the characteristics of the population of a certain place.
The given statement 1,2,3,6,7 and 9 are false statement and 4,5,8 and 10 are true statement.
What is called an organization?An organization is consists group of people who work together, like an association, a charity, a union, or a corporation.
1. Internal Forces refers to set of elements which affects organization's or firm's behavior. It is false statement because today's organizational behavior is influenced by a complicated mix of major influences. People, Structure, Technology, and Environment are the four categories of important factors. People, structure, and technology interact, and these factors are impacted by the environment.
2. External Forces is unpredictable and uncontrollable. It is false statement because it is possible to predict economic trends using forecasted data.
3. Poor corporate image of the organization is a strength of the firm. It is false because when the corporate image is weak or poor, it affects the customers perception of not just the company but it's products as well. Hence, deflecting demand for their goods an services.
4. Money is the lifeblood of every business. It is True statement
5. Customers are the king of the market. It is true statement.
6. Demographic aspects are the characteristics of the people in which the organization can be found. It is false statement because demography is the scientific survey of populations, particularly human populations. Demographic analysis may be used to entire societies or groupings based on factors such as education, nationality, religion, and ethnicity.
7. Macro and micro environment are types of internal environment. it is false because Macro relates to external while micro relates to internal.
8. Technological includes the use of robots and online commerce, it is true.
9. Improper plans and policies help the firm to accomplish its objectives it is false because a bad plan cannot possibly lead to a good plan. Hence, improper plans and policies can not help the firm to accomplish its objectives.
10. Socio-cultural are the characteristics of the population of a certain place. It is the true statement.
Therefore, The given statement 1,2,3,6,7 and 9 are false statement and 4,5,8 and 10 are true statement.
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A menu description states, "12 oz of grilled Montana prime strip steak served with
Tabasco parsley butter and house-cured, fat-free cucumber pickles - $22.50"
What truth-in-menu categories are applicable to this menu description?
For each category you list, note how an unethical chef might violate this menu
description's accuracy.
Unethical chefs may breach each category by
Cutting portions from 12 oz.Pass off inferior brand ingredients as the menu-described brand. (It's not Tabasco) and substandard fat instead of butter.Using a non-menu item..Local meat is labeled as Montana beef.Menu-promised dietary criteria not met ( such as the pickle being full of fat, despite being promised as fat-freeThis is further explained below.
What is truth-in-menu?Generally, Current laws, most notably the Truth-in-Menu Law, protect consumers from deceptive business practices employed by restaurants with regard to the quantity and quality of food products offered, as well as their nutritional content, health claims, serving size, geographic origin of foods, and methods of preparation.
In conclusion, These laws also govern the representation of various merchandising terms. Jul 2022
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CQ is attached below
Q1. The following are some changes that may take place in the market for textbooks. For each of the following, indicate what will happen to either the demand for or the supply of textbooks by listing which curve is affected and then the terms: "shift right or "shift left". An increase in student enrollment at universities across the country A decrease in the price of ink used to print textbooks. A drop in income (textbooks are a normal good). An improvement in the technology used to print textbooks. An increase in college tuition.
It will increase the demand for textbooks. As a result demand curve for textbooks in the market for textbooks will shift to the right.
2) It will increase the supply of textbooks as there is a fall in the input price. The supply curve will shift to the right.
3) A drop in income will reduce the demand for textbooks as it is a normal good. The demand curve will shift left.
4) Due to improvements in the technology used to print textbooks, the supply will rise. The supply curve of textbooks will shift right.
5) Increase in college tuition will increase the demand for textbooks. The demand curve will shift right.
A textbook is a comprehensive compilation of the contents of a field of study intended to explain it. Textbooks are typically produced in educational institutions to meet the needs of educators. Textbooks are textbooks and other books used in schools.
The textbooks are generally viewed as authoritative tools that provide authoritative information that supports and reinforces students' understanding of key concepts, and textbooks are generally viewed as reliable tools to enhance student learning. Indicates that you are providing bite-sized information.
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what is define of risk management and explain?
Answer: The process of identifying and controlling threats in a leadership execution
Explanation:
for example, dealing with a threat to your company must be dealt with in an orderly construct and observed to make sure there isn't anything jeopardized in your company
What combines your interests, personality, values, goals, experience, and skills?
Choose the answer.
integrity
personal vision
work ethic
objectivity
Answer:
A good carrier choices
because if you have a good carrier choice work ethic will fall in so the answer is work ethic
The interests, personality, values, goals, experience, and skills are combined as work ethic as it helps in career selection. Thus the correct option is C.
What are skills?The skills are referred to as talent or expertise an individual carries with himself which determine his abilities from the crowd and identifies as unique which helps in achieving the goal.
A person who selects a profession to generate money is referred to as a career. An individual's career is built on the qualities, abilities, and skills that enable him to pursue personal development and realize his life goals.
A work ethic is a concept that hard labor and dedication have a moral advantage and an essential capacity to enhance the character and personal skills. Their professional public persona is visible in the way individuals behave, speak, and dress.
Therefore, option C is appropriate.
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My major is accounting. Mention your major, describe a little bit the various tasks that someone in that profession performs, and explain how you believe that understanding mental processes and behaviors can enhance your field of work.
Please help
at least 120 words
Organizational skill is important in profession. Accounting skills require analysis, detailed orientation, communication etc.
What are organizational skills?Organizational skills are required in many professions. Analysis, detailed orientation and communication are some of the organizational skills.
This skills are called as soft skills. communication, team work, and other interpersonal skills are some of the interpersonal skills. Analysis, decision making and innovation are required for organizational skills.
Therefore, Organizational skill is important in profession. Accounting skills require analysis, detailed orientation, communication etc.
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Question 2 (1 point)
Pleadings include the statement of claim and statement of defence.
True
False
What effect would an increase on the factors of production (higher worker wages) have on the quantity of a product in a Supply curve?
I don’t understand
The effect that an increase on the factors of production (higher worker wages) have on the quantity of a product in a Supply curve is: A. the curve would shift from the right to left (S1 to S2) due to the negative impact.
What is supply curve?The supply curve can be defined as the curve that help to show or display the relationship between price of goods and services and the amount amount demanded at a particular period of time.
Based on the given graph the effect that an increase on the factors of production will tend to have on the quantity of a product in a Supply curve is that the curve would shift from the right to left.
Therefore the correct option is A.
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An economy is experiencing a high rate of inflation. The government wants to reduce consumption by $15 billion to reduce inflationary pressure. The MPC is 0.60. By how much should the government raise taxes to achieve its objective?
A. 25 billion
B. 9 billion
C. 15 billion
D. 5 billion
In a condition where an economy is experiencing a high rate of inflation, and the government wants to reduce consumption by $15 billion to reduce inflationary pressure, where the MPC is 0.60, the government should raise the taxes by $25 billion to achieve its objectives. Therefore, the option A holds true.
What is the significance of inflation?In order to bring inflation under control, the ideal level of attainment can be obtained by the goal and dividing it with the rate of MPC in the economy.
From the given information,
Tax goal = Consumption goal / MPC
Tax goal = 15 billion / 0.60
Tax goal = $25 billion
Therefore, the option A holds true and states regarding the significance of inflation.
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COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST.
GIVE A PROVE YOUR ANSWER
Direction: Read the statements and choose the correct answer from the given choices and prove it.
A. Micro environment
B. Internal environment
C. Economic Aspects
D. Financial Resource
E. Human resources.
F. Macro environment
G. External environment
H. Politico-legal
I. Corporate image
J. Demographic
1. It directly affects the firm's activities.
2. It is all forces and events outside organization effect on its activities.
3. It refers to the size and geographic distribution of the population.
4. It does not immediately affect activities of the firm.
5. It affects the firm in both the revenue side and cost side.
6. A firm should develop, maintain and enhance a good business image.
7. This includes laws, ordinances, and regulations.
8. The social behavior of the employees greatly affects the working of the business.
9. It is a term covering all financial funds of the organization.
10. It is where all functions within a firm.
The given statements represent the dimensions of management and business as a whole
1. It directly affects the firm's activities. - Micro Environment
2. It is all forces and events outside organization affect on its activities. - External Environment
3. It refers to the size and geographic distribution of the population. - Demographic
4. It does not immediately affect the activities of the firm. - Macro environment
5. It affects the firm on both the revenue side and cost sides. - Economic Aspects
6. A firm should develop, maintain and enhance a good business image. - Corporate Image
7. This includes laws, ordinances, and regulations. - Politico-legal
8. The social behavior of the employees greatly affects the working of the business. - Human resources.
9. It is a term covering all financial funds of the organization. - Financial Resources
10. It is where all functions within a firm are. - Internal Environment
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SECTION I: DEMAND AND SUPPLY ANALYSIS
a. What happens to the equilibrium price and equilibrium quantity of ice cream in response to each of the following? Explain your answers.
i. The price of dairy cow fodder increases.
ii. The price of beef decreases.
iii. Concern arise about the high fat content of ice cream. Simultaneously, the price of sugar (used to produce ice cream) increases.
b. What will happen to the equilibrium price and equilibrium quantity in the fresh seafood market if each of the following event happen:
i. A scientific report is issued saying that fish contains mercury, which is toxic to humans.
ii. The price of diesel fuel (used to operate fishing boats) falls significantly.
a) i) Left shift in the supply curve, increase in equilibrium price, and decrease in equilibrium quantity.
ii) If cattle can be used for both livestock and dairy purposes, the supply curve changes to the right, the equilibrium price decreases, and the equilibrium quantity increases as dairy use becomes more appealing.
iii) Fat concerns push demand to the left, the equilibrium price and quantity both decrease, and the equilibrium. A rise in the price of sugar causes a shift in supply to the left, a rise in the equilibrium price, and a decrease in the equilibrium quantity. The equilibrium quantity will eventually decrease, but it's not obvious how this will affect prices.
b) i) People won't buy seafood if there is a demand for it.
More will be available (shift to the right)
The demand will drop (shift to the left)
ii) a drop in price
If supply increases more than quantity, quantity will increase, and if demand increases more than supply, quantity will drop at equilibrium.
The relationship between the price of an item or service and the volume supplied over a specific time period is represented graphically by the supply curve. The price will typically be shown on the left vertical axis of an example, and the quantity given will be shown on the horizontal axis. Supply curves may frequently predict whether demand will cause a commodity's price to rise or fall, and vice versa. For products whose supply is more elastic, the supply curve is shallower (closer to the horizontal), whereas for those whose supply is less elastic, the curve is steeper (closer to the vertical). The demand and supply curves are the two main tenets of the law of supply and demand.
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Multiple Select Question
Select all that apply
Which of the following are key ideas when starting a business?
A plan without action is futile.
Hire consultants to help you run your small business.
Believe in yourself and your abilities.
Successful entrepreneurs learn from other entrepreneurs.
Key ideas when starting a business are:
A plan without action is futile.
Believe in yourself and your abilities.
An organization or enterprising entity that conducts business, industrial, or professional operations is referred to as a business. Businesses can be either for-profit corporations or nonprofit institutions.
Using your action plan, you can map out strategies and preliminary steps toward achieving long-term objectives. It helps you identify your goals, their due dates, and the steps required to reach them. This enables you to focus all of your efforts on your current duties.
Have faith in yourself since you must succeed in any business activity for it to be successful. As our organization grows, it is better to be cautious. But entrepreneurs that are prepared to take chances in order to grow their business also start to have faith in themselves.
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True or False: Marisol is a production manager and often refers to a bar graph that shows what activities are being worked on, and how much of each task has been completed on a daily basis. Marisol is using a Gantt chart.
It is a true statement that Marisol is using a Gantt chart as a production manager who often refers to a bar graph that shows what activities are being worked on, and how much of each task has been completed on a daily basis.
What is a Gantt chart?This refers to the visualization that helps in scheduling, managing and monitoring specific tasks and resources in a project. The chart consists of a list of tasks and bars depicting each task's progress.
On the chart, the horizontal bars represent the project timeline which can include task sequences, duration, and the start and end dates for each task and it the most widely used chart in project management.
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The table below reports the total population in a country and the number of people in different groups. Total population 250 million People in jail 20 million People working part time 20 million People working full time 100 million Children less than 16 years of age 25 million People serving in the military 10 million Retirees 15 million Marginally attached workers 10 million Full-time students 20 million What is the unemployment rate? %.
From the given data, The unemployment rate is calculated to be 20%
What is unemployment rate?This is the term that is used to refer to the rate at which the people that are able to work in a given population do not have the jobs that they require in the society.
Non- institutionalized population = 250 - 20 - 25 - 10 = 195 million
Labor force = 195 - 15 - 10 -20 = 150 million
Employed population = 100 + 20 = 120 million
Unemployed population = 150 - 120 = 30 million
unemployment rate = 30 / 150 x 100 = 20 percent
Hence the unemployment rate is 20 percent
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COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST.
GIVE A PROVE YOUR ANSWER
Direction: Read the statements and choose the correct answer from the given choices and prove it.
A. Micro environment
B. Internal environment
C. Economic Aspects
D. Financial Resource
E. Human resources.
F. Macro environment
G. External environment
H. Politico-legal
I. Corporate image
J. Demographic
1. It directly affects the firm's activities.
2. It is all forces and events outside organization effect on its activities.
3. It refers to the size and geographic distribution of the population.
4. It does not immediately affect activities of the firm.
5. It affects the firm in both the revenue side and cost side.
6. A firm should develop, maintain and enhance a good business image.
7. This includes laws, ordinances, and regulations.
8. The social behavior of the employees greatly affects the working of the business.
9. It is a term covering all financial funds of the organization.
10. It is where all functions within a firm.
The statements belong to various business and management terminologies
1. It directly affects the firm's activities. - Micro Environment
2. It is all forces and events outside organization effect on its activities. - External Environment
3. It refers to the size and geographic distribution of the population. - Demographic
4. It does not immediately affect the activities of the firm. - Macro environment
5. It affects the firm on both the revenue side and cost sides. - Economic Aspects
6. A firm should develop, maintain and enhance a good business image. - Corporate Image
7. This includes laws, ordinances, and regulations. - Politico-legal
8. The social behavior of the employees greatly affects the working of the business. - Human resources.
9. It is a term covering all financial funds of the organization. - Financial Resources
10. It is where all functions within a firm are. - Internal Environment
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The government imposes a tax of $5 on a good and the producers’ price decreases by $2. Which of the
following could explain this price change?
a. Supply is perfectly elastic.
b. Demand is perfectly inelastic.
c. The elasticity of demand is less than the elasticity of supply, but neither curve is perfectly
elastic or inelastic.
d. The elasticity of demand is greater than the elasticity of supply, but neither curve is perfectly
elastic or inelastic.
When the government imposes a tax of $5 on a good and the producers price decreases by $2. Demand is perfectly inelastic. Option B
This is further explained below.
What is inelastic?Generally, If the government decides to raise the tax on a certain item, the supply curve will move to the left, which will result in higher prices for consumers while lowering prices for sellers.
In conclusion, A rise in tax/e/s does not have any effect on the demand curve, and it does not make either the supply or the demand more or less elastic.
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When writing an application letter in response to a job posting, what should be included in the letter?
Answer:
You should include the specific qualification you have that were identified in the posting
Explanation:
Hope this helps if not sorry:) and may God bless you<3
When individuals sell their labor for wages, in which market in the circular flow
model are they interacting?
the open maket
the product market
the individual market
the factor market
When individuals sell their labor for wages, the market in the circular flow model they are interacting with is the factor market (fourth option).
What is the circular flow model ?The circular flow model is a model that is used to explain the flow of resources or money in an economy. In the circular flow model, it is assumed that there are only two actors in the economy - the household and businesses or corporations.
The circular flow model is a simplified model of the economy. This is because in an actual economy there are more than two actors operating in it.
The household own the factors of production and they sell it to businesses or corporations to earn dividends or wages. The factors of production can include labor, labor or capital. The factors of production are exchanged for wages in the factor market.
The businesses use the factors of production provided by the household to produce goods and services for consumption. The goods and services that are produced are sold in the product market. Households pay for the goods and services purchased using part of the income earned from renting out their factors of production.
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How do businesses solve the problem of an economic shortage?
A. They will move prices to the market equilibrium price.
B. They will lobby for higher tariffs on imports.
C. They will stop production until government provides cubsidies.
Answer: c
Explanation:
Bruin, Inc., has identified the following two mutually exclusive projects:
Year Cash Flow (A) Cash Flow (B)
0 –$ 37,500 –$ 37,500
1 17,300 5,700
2 16,200 12,900
3 13,800 16,300
4 7,600 27,500
A. At what discount rate would the company be indifferent between these two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The discount rate that would make the company indifferent between these two projects is 16.48%
What are the differential cash flows between the two projects?
The differential cash flows are the differences between the cash flows of the two projects, in other words, we can determine differential cash flow by deducting cash flows of the second project from that of the first project
Year 0=-$ 37,500--$ 37,500=$0
Year 1=$17,300-$5700=$11,600
Year 2=$16,200-$12,900=$3,300
Year 3=$13,800-$16,300=-$2,500
Year 4=$7,600-$27,500=-$19,900
The discount rate that makes the company indifferent between the two projects is the internal rate of return of the differential cash flows using a financial calculator:
CF0=0
CF1=11600
CF2=3300
CF3=-2500
CF4=-19900
CPT(press compute)
IRR=16.48%
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Below is the Assignment: Choose any company and evaluate the positive impact that HR Management has made on the growth of the company. Can you give any suggestions for improving HRM?
HRM helps organizations gain a competitive edge through their workforce by transforming human resources into high-quality and effective workers.
Suggestions for improving HRM
Boost internal communication in the company.
Create a training program that is efficient.
Give staff members more frequent feedback.
Create an organizational cultural vision.
Utilize the technology at hand.
Utilize the information.
The pool of people who are either employed or unemployed is referred to as the workforce or labor force. However, it can also refer to a certain geographic area like a city, state, or country. It is typically used to describe people who work for a single organization or industry. The "Workforce in Place" of a corporation can be used to describe its value. Both working and jobless people make up a country's workforce (labour force). the employees in a manufacturing that was involved in a certain activity or business. he sum of a person's experiences at work and their perceptions of their company, and they contend that there are eight essential relationships that affect a worker's experience at an organization, two of which have just been discovered.
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If a recessionary gap were to appear, how might the economy adjust? Can/should we rely on it to adjust itself? Is it possible that the economy will never adjust to a gap, and things will just get worse and worse?
Which is an example of a financial institution? (1 point)
A. government regulatory agency of money
B. the IRS
C. a group of investors
D. a retail or commercial bank
Answer:
D) a retail or commercial bank
Explanation:
An example of a financial institution is a retail or commercial bank. Thus the correct option is D.
What is a financial institution?An institution that is in the industry of managing monetary and financial transactions, such as savings, loans, and investments, in order to assist with finances that require repayment at a later time and carry a specific rate of interest is known as a financial institution.
A bank is a type of financial institution that enables customers to deposit and withdraw cash as well as borrow money at a set interest rate for use in investments which is repaid by them on a later date with a certain rate of interest.
Reduced transaction fees, reduced likelihood, and increased liquidity are the goals of the economic system in order to create a platform for the establishment of new businesses that strengthen the national economy.
Therefore, option D is appropriate.
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you are a manger and one of your team members asks why using slide presentation is a good idea
Slide presentations are acquainted to maximum audiences, and will assist them recognition at the content material. Slide shows are difficult to apply, so that you will impress your target audience simply with the aid of using one.
An target market is a collection of those who take part in a display or stumble upon a piece of art, literature, theatre, song, video video games, or academics in any medium. Audience members take part in unique ways in one-of-a-kind styles of art.
The definition of an audience is a set of humans watching or observing something consisting of a tv program, live speaker, or theater performance, or it may confer with folks that share a preference for the identical form of performance. An example of an target audience is the group inside the seats at a carrying occasion
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3
What are the two main types of personal financial statements?
O A.
OB.
OC. liquid assets and liabilities
OD. personal balance sheets and cash flow statements
paycheck stubs and tax returns
stock portfolios and credit card statements
Reset
Next
The two personal financial statements are D. personal balance sheets and cash flow statements.
What does a personal balance sheet show?
A personal balance sheet summarizes the individual's assets, liabilities, and net worth.
Assets describe the personal belongings of the individual. Liabilities refer to the total value of a person's belongings owed to others. The net worth shows the difference between the assets and the liabilities.
What does a personal cash flow statement show?
A personal cash flow statement summarizes a person's cash inflows and outflows in a given period.
A personal cash flow statement shows whether the individual possesses a positive or negative net cash flow that can be put into an investment portfolio for more wealth creation.
Thus, the two personal financial statements are in Option D.
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Answer:
Unit 9 quiz (STUDY GUIDE)
What are the two main types of personal financial statements?
personal balance sheets and cash flow statements
Yusef’s financial advisor tells him that he has made a great budget. Why was he MOST likely successful with his budget?
He chose realistic amounts for each category.
Tyson’s financial planner asks him to raise the amount of his liquid assets. How can he BEST accomplish this?
Put money in his savings account.
Cali wants to work on improving her money management skills. To start, she needs to gather financial records. What type of financial record would MOST help her begin this process?
her yearly tax forms
Cisco is a 16-year-old with a part-time job. He makes $100 per week and spends $50 on car insurance each week. This is his only income and his only expense. Which type of budget would be easiest for Cisco?
a mental budget
What is TRUE about the three main components of money management?
Each of the components is connected and builds off of the others.
Ira budgeted $1000 for his expenses this month, but he spent $1500. In order to be fiscally responsible, what does Ira need to do now?
Reexamine his budget; he had a $500 deficit this month.
Which of the main components of money management includes cash flow statements of income and expenses?
personal financial statements
What is NOT one of the main components of money management?
tracking interest rates
Cheng is making a trip to her safe deposit box. What is she MOST likely planning to do?
Put her marriage license in a secure location.
Liabilities are the amounts of money due to others that need to be paid now.
True
Carlos and Keisha have a monthly income of $25,000. They have monthly expenditures that total $30,000. What is TRUE about their cash flow?
They have a $5,000 deficit.
Amira budgeted $400 for her expenses this week. She spent $350. What is TRUE about Amira’s budget and spending?
Amira has a surplus of $50 this week.
What is the term for assets that can be quickly and easily converted to cash?
liquid assets
You are creating a budget with your family. What is one important thing to keep in mind as you come up with a plan for spending?
Don’t forget to include a way to save money for possible emergency situations.
Explanation: 100%