4. Which of the following is not a way to cope in times of financial difficulty? a. reduce use of debt b. reduce spending c. avoid financial scams d. rely on others for financial needs 5. The following are the tips given to be a certified budgetarian. Which is not included? a. stay disciplined b. stay consistent c. stay loyal d. stay focused

4. Which of the following is not a way to cope in times of financial difficulty? a. reduce use of debt b. reduce spending c. avoid financial scams d. rely on others for financial needs 5. The following are the tips given to be a certified budgetarian. Which is not included? a. stay disciplined b. stay consistent c. stay loyal d. stay focused

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

In the financial planning process it is critical to… 1- follow past budgets 2- allow new ideas to be implemented 3-idnetify alternative operating assumptions 4 - identify new business projects
As a financial manager,;one's goalsfor the client is to help them dothe following EXCEPT: A. Build credit by encouraging them to acquire as many loan as possible so that the firm value or the total asset of the firm will increase.B. Identify investment opportunities and determine whether these are acceptable to their risk preference.C. Determine ways to reduce non-value adding costsD. Create budgets that would enable them to determine excess or inadequacy of cash.
Before you can hope to achieve your financial goals, you will need to first measure your current financial health and develop a plan and a budget. TRUE FALSE
True or False. 1. Personal financial activities may fall into spending, saving or sharing activities. 2. In setting a personal financial goals, only those items that fall under the basic needs are included. 3. Because of uncertainties, financial plans are subject to review and revision. 4. Another advantage of having a personal financial plan is effective debt management. 5. Personal financial planning also refers to household financial budgeting.
true and false a. Developing a budget is a critical step in planning any economic activity. This is true for businesses, for governmental agencies, and for individuals. (……….) b. The sales budget shows the projected sales in units and the total expected sales revenue. (……….)
7
Which of the following is not an advantage of participative budgeting?a. It encourages budgetary slack.b. It tends to lead to a higher level of performance.c. It fosters a sense of responsibility.d. It encourages greater goal congruence.e. It fosters a sense of creativity in managers.
Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of the following situations will likely lead to human behavior problems? a. allowing employees the opportunity to be a part of the budget process b. setting goals too loosely, creating a budgetary slack c. setting goals that are consistent across the firm d. setting goals that are reasonable and attainable
Ma4. Being responsive to customer's needs means balancing all but which of the following? Answers: Production costs and feasibilities Engineering contraints Marketing challenges Government safety and regulations The budget
Matthew is concerned about his ability to save money regularly and has prepared a budget. Which of the following budget classifications would be most appropriate for Matthew's budget? a. Savings as a variable expenditure b. Savings as a fixed expenditure c. Saving whatever may be left over d. Savings withheld from income and deposited directly to savings

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