In your budgeting process, when should you look at recurring expenses?

after considering entertainment expenses
after your wants but before your needs
before looking at your needs
before reviewing your wants

Answers

Answer 1

Answer:

before reviewing your wants

Explanation:

Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.


Related Questions

If you find that income significantly varies by age regardless of job experience, you have ______. a. an interaction effect b. both a main effect and an interaction effect c. a main effect for age d. a main effect for job experience

Answers

One have a main effect for age when income significantly varies by age regardless of the extent of job experience.

What is a main effect?

This means the effect of a single independent variable on the dependent variable while ignoring all other independent variables.

Hence, we have a main effect for age when income significantly varies by age regardless of the extent of job experience.

Therefore, the Option C is correct.

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Nita is a Market Research Analyst who has a retirement plan set up through her employer. Kurt is hired as a Retail Salesperson even though he doesn't have any experience in sales. Wendy is a Purchasing Manager with a bachelor's degree and three years of experience. Tyler works 15 hours per week as a Cashier. Nita is a Market Research Analyst who has a retirement plan set up through her employer. Kurt is hired as a Retail Salesperson even though he doesn't have any experience in sales. Wendy is a Purchasing Manager with a bachelor's degree and three years of experience. Tyler works 15 hours per week as a Cashier.

Answers

Answer:

job with benefits

entry-level job

advanced job

part-time job

Explanation:

i got them right :D.

Answer:

its job with benefit entry-level job  advanced job   part-time job

Explanation:

i got it right

For both academics and practitioners, the pendulum has swung over to the _______ for estimating the cost of equity capital.

Answers

For both academics and practitioners, pendulum has swung over to the capital asset pricing model for estimating the cost of equity capital.

What is capital asset pricing model?

The capital asset pricing model serves as model that show the financial markets price securities and thereby determine expected returns on capital investments.

Therefore, this model provides a way for estimating the cost of equity capital.

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Three Economic Concepts: Summary of your group discussion:

Economic Question(s) your Group Has About the Economic Sanctions against Russia:

summary of ur group discussion:​

Answers

Answer:

orange: scarcity, supply and demand, costs and benefits yellow: how do sanctions affect Russia's economy?, why are there sanctions in Russia?, who's or what's the cause of the sanction? blue: Russia could have issues with veto and passing laws. They had too much stuff to watch out for and needed more resources. Wanted to be smart with their decisions. (I tried my best sorry if I messed up somewhere forgive me :-;)

Explanation:

Interest groups are often categorized by the causes or people they represent. Match each example of a specific interest group to the correct interest group category.

Answers

Public action committees (PAC) is an example of a specific interest group that was established primarily to influence election.

What is an interest group?

An interest group can be defined as a group that comprises individuals who are only concerned about influencing policies of the government based on their interests, cause, common aims, goals, or people they represent.

In the United States of America, some examples of interest groups include the following:

Public action committeesLabor groupsEnvironmental interest groupsAnimal rights groups

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Market failure describes a situation in which the market itself ______________________ in a way that balances social costs and benefits. Group of answer choices fails to allocate resources efficiently remains outside the transaction avoids externalities incurs the costs outside the production process

Answers

When there is market failure, it means that the market itself fails to allocate resources efficiently between social costs and benefits.

What causes market failure?

Market failure happens when the market does not balance its social costs and benefits efficiently.

For instance, the costs might outweigh the benefits which leads to losses and so a market failure would occur.

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The development of team roles arises from the ______ of the team, the organization, and the team members themselves. Multiple choice question.

Answers

The development of team roles arises from the expectations of the team, the organization, and the team members themselves. .

What is a team?

A team serves as group of people that have a particular goal and they work together to achieve the aim of the organization.

However, team roles are the responsibility of each members which is expected from individuals in the team.

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After reviewing the project scope statement, the owner specifies that costs MUST stay within $400,000. This criterion is classified as

Answers

The criterion where costs must remain at a certain level according to the owner or investments is called a Constrained criterion.

What is a constrained criterion?

This is a requirement in a project scope statement that limits the costs to a certain level.

In this scenario, there is a requirement that costs should not go beyond $400,000 which means tha there is a limit to the cost in the project.

This is therefore a constrained criterion.

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day trading, and how is it different from the more traditional approach to investing?
7. How much profit (if any) wóżld Clay Sorensen make if he short-sold 300 shares of a stock at $100 a
share and the price of the stock suddenly tumbled to $70?
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Copy and paste or type your submission right here.
HELLP

Answers

Day Trading requires that position are opened and closed in one day after the purchase of securities, while traditional approach is investing in an asset that is known

Day Trading

We have higligted above about the disimilarities between Day trading and and Traditional investment.

Short-position

Number of Shares = 300

Price Entry = $100

Price Exit = $70

Profit = (Cost Price - Selling price)/Number of Shares

Profit = (300*100 - 300*70)/30

Profit = 30000-21000/30

Profit = 9000/30

Profit = $30

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If the ________ cost of production for two goods is different between two countries then mutually beneficial trade is possible.

Answers

If the opportunity cost of production for two goods is different between two countries then mutually beneficial trade is possible.

What is opportunity cost?

Opportunity cost is an economist term for expressing cost in terms of foregone alternative.

It is the benefits of second best alternatives (when the first best is chosen) or alternative use of something, which is not decided on (the cost of not using land for farming and using it for building a house instead).

Hence, If the opportunity cost of production for two goods is different between two countries then mutually beneficial trade is possible.

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If you paid $1050 for a $1000 10-year bond that pays an 11% annual interest payment, the bond's yield is

Answers

The bond yield of the bond that cost $1050, has a face value of $1000 and an annual interest payment of 11% is 10.18%.

What is the bond yield?

The bond yield is the inerest rate that would equate the cost of the bond with its face value and interest payments.

The bond yield can be determined with a financial calculator:

Cash flow in year 0 = $-1050 Cash flow each year from year 1 to 10 = $110 Cash flow in year 10 = $1000

Bond yield = 10.18%

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Beverly, a real estate licensee, doesn’t represent either party to a specific real estate transaction. She merely helps the parties handle the paperwork. What role is Beverly taking in this transaction?

Answers

Beverly, a real estate licensee is taking up  the role of a transactional broker by not representing either party to a specific real estate transaction.

Who is a transactional broker?

A transaction broker is the one that provide third-party real estate services various buyers and sellers in exchange for a comission.

Here,  transactional broker is a neutral person to parties in a real estate transaction.

Hence, Beverly, a real estate licensee is taking up  the role of a transactional broker by not representing either party to a specific real estate transaction.

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A local coffee shop is giving out free mini-size brewed coffee to entice consumers to come in the shop and try its products. The giveaways are called ______.

Answers

Answer:

Free Sample Marketing

Explanation:

This is the answer because when you give away free products it makes people want to buy it because it taste good or is good.

E-Tech Initiatives Limited plans to issue $550,000, 10-year, 3 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 95. (Deductions should be indicated by a minus sign. )

E-TECH INITIATIVES LIMITED

Balance Sheet (partial)

As of January 2, 2019

Carrying Value

Answers

This is how the bonds issued by E-Tech Initiatives Limited on January 1, 2019, will be shown on its balance sheet on January 2, 2019:

E-TECH INITIATIVES LIMITED

Balance Sheet (partial)

As of January 2, 2019

Long-term Liabilities:

Bonds Payable (Carrying Value)

Face value = $550,000

Discounts          (27,500) $522,500

How is the carrying value of bonds payable shown on the balance sheet?

The carrying value of this bond equals its par or face value ($550,000) plus any unamortized premiums or less unamortized discounts ($27,500).

Thus, the net amount between the par value and the premium or discount is called the carrying value which is reported on the balance sheet.

Data and Calculations:

Face value = $550,000

Maturity period = 10 years

Interest on bonds = 3% annually

Issue value = 95

Price = $522,500 ($550,000 x 95%)

Discount = $27,500 ($550,000 x 522,500)

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According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.

Answers

Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.

What do economists think of the federal expenditure?

They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.

This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.

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A key aspect of participative leadership is ______. decreasing repetitive work creating an inclusive environment clarifying the path to the goal challenging workers to excel

Answers

A key aspect of participative leadership is: A. decreasing repetitive work.

What is participative leadership?

Participative leadership can be defined as a form of leadership and management style that involves an invitation of all of the team members to join in the decision-making processes and proferring solutions to a problem.

Basically, a fundamental characteristic and key aspect of participative leadership is that it would help to decrease repetitive work in a business organization.

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A land grant university has upgraded its Course Management System (CMS), integrating the system throughout all of its main campus and branch campuses around the state. It has purchased a set of 15 servers and peripherals for needs associated with the CMS. The total cost basis is $120,000 and expected use will be 5 years, after which it will have no projected value. Calculate the depreciation deduction and book value for each year

Answers

The depreciation deduction and the book value each year using the straight line method is

Year                     Depreciation deduction       Book value

1                                 $24,000                                $96,000

2                               $24,000                                  $72,000

3                               $24,000                                  $48,000

4                             $24,000                                     $24,000

5                              $24,000                                     0

What is the depreciation expense?

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

120000 / 5 = $24,000

Depreciation expense each year would be $24,000

Book value = cost of the asset - accumulated depreciation

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What is a good place to keep financial records stored?

a. safety deposit box

b. personal computer

c. filing cabinet in your home office

d. all of the above

e. none of the above​

Answers

Answer:

place in an office cabinet which can be closed

What risk does Sarah run if she chooses a long-term care policy with a short benefit period of 2 years

Answers

The  risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.

What is long-term care policy?

Long-term care policy can be defined as the type of policy that help to cover medical expenses or medical cost for a long period of time.

Choosing a long-term care that has a short health benefit has some risk  reason being that in a situation where she needs medical care beyond the stipulated two years , Sarah will have to pay for the cost of those medical care from her savings.

Inconclusion the  risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.

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Being able to drive a car is an example of a skill.
Please select the best answer from the choices provided
True Or false

Answers

Answer:

true it is a skill to drive a car you have to learn to be able to drive

The answer is (True)

Courts will not take action against a television show that critiques newly-released books for infringement of copyright because _____.

Answers

criticism is protected by the fair-use doctrine

Caleb was a manager at a company that produced household appliances. He had many innovative ideas to increase profits. However, his ideas were not received well by the company. So, he left the company to pursue his own business, thus creating a(n)

Answers

Answer:

He created an entrepreneurial venture

Explanation:

________ is a factor that helps executives decide if there is a good financial incentive for attempting a technological innovation.

Answers

Economic viability is a factor that helps executives decide if there is a good financial incentive for attempting a technological innovation. Below is a further explanation.

What is an Economic viability?

Economic viability is an economic measure of the likely success of a particular action or set of actions on a particular product. An assessment of economic viability is an evaluation of the various economic effects that may result from the implementation of a particular project.

Therefore, the answer is economic viability.

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According to the Reaching Beyond Our Borders box, one way German companies are remaining competitive in industrial jobs is Multiple Choice they rely solely on robotic technology and no longer use a human workforce. they implement apprenticeships to provide on-the-job education for young workers. they send all of their manufacturing work to China. they encourage students to leave school to take manufacturing jobs.

Answers

According to the information, it can be inferred that German companies are competitive because they implement apprenticeships to provide on-the-job education for young workers (option B)

What is on-the-job education?

On the job education is an educational method focused on improving the production processes and operation of a company. This method is implemented to increase the quality of all the processes required in the production chain of a company.

The on job education method is generally focused on young employees because they do not have previous experience. Additionally, they are offered education so that they can grow professionally and at the same time contribute better quality to the company.

Note: This question is incomplete because the graph is missing. However I can answer it based on my general knowledge.

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#SPJ1

To perform a vertical analysis of an income statement, you would divide each line item on the statement by ______.

Answers

You would divide each line item on the statement by •SALES•

Nancy Appleton obtained a $45,000 loan for her start-up business. The SBA guaranteed 75% of the loan. How much has the bank risked losing if Nancy's business fails?

Answers

Based on the percentage that SBA guaranteed out of Nancy's loan, the bank stands to lose $11,250.

How much does the bank stand to lose?

The bank stands to lose the amount that wasn't guaranteed by the SBA in the event that Nancy Appleton's business fails.

This amount can be found as:

= Loan amount x ( 1 - percentage guaranteed)

Solving gives:

= 45,000 x ( 1 - 75%)

= $11,250

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Choose the product(s) that are most likely to be manufactured as a job, rather than as a job lot. (Check all that apply.) Multiple select question. Advertising circulars for a grocery store. Tailored wedding dress Customized home T-shirts for a local charity run

Answers

There are two types of manufacturings, Job lot and Sole Job.

The difference between two is that Job lot is suitable for those products which are homogeneous in nature.

The correct answers are:

Tailored Wedding dress and Customized home T-shirts for local charity run.

Job Lot :

This is a tyupe of manufacturing which is best suited for homogeneous produucts.

If the finished goods are identical then job lots is most beneficial as its saves ciost from bulk production.

Manufactured as Single job:

It is a type of manufacturing which is best suited where the output or finished goods required are customized and heterogeneous in nature.

The cost for this type of production is more that Job Lot.

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What is the best business organization for annabeth’s new company? a corporation, because she will need financing to get started a sole proprietorship, because the business is small and simple to operate a partnership, because she lacks the skills to make machine parts a cooperative, because local businesses will be her customers

Answers

The statement that best describes the business organization for Annabeth’s new company is to a corporation, because she will need financing to get started.

What is corporation?

A corporation is an entity. It is usually defined as a collection of people or a company.

It has been permitted by the state to act as a single entity and is lawfully recognized as such for certain purposes.

Documents were utilised to found the first incorporated entities. The majority of governments now permit the formation of new corporations through the registration process.

The reason a Corporation would be preferable is that it would allow her to realize her long-term goals.

In the future, a corporation is more likely to expand, allowing Annabeth to realize her aspirations of selling to Europe and South America.

She does, in fact, have a better probability of doing so sooner rather than later.

Therefore, option a is correct.

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ICD-10-CM codes translate _____ of services provided from verbal and narrative descriptions to nationally accepted reporting standards.

Answers

ICD-10-CM codes translate medical necessity of services provided from verbal and narrative descriptions to nationally accepted reporting standards.

When a recession is caused by a negative AD shock, we would expect inflation to _______________ and unemployment to _______________.

Answers

Answer:

The answer is fall and rise

Explanation:

Hope this helps:)...if not then sorry for wasting your time and may God bless you:)

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