BUSINESS HIGH SCHOOL

Most financial advisors say you'll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living. true or false

Answers

Answer 1
Answer:

Answer:

False

Explanation:Most financial advisors say you'll need about 30% of your pre-retirement earnings, to comfortably maintain your pre-retirement standard of living.

This is a projection of what should be a regular saving for your retirement.
Answer 2
Answer:

Answer:

False

Explanation:

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Which is the last step in making a personal budget?A. Add up all sources of income.

B. Reduce expenses in flexible catorgories.

C. Check interest rates on loans.

D. Catorgorize different expenses.

Answers

The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.

Final answer:

The final step in creating a personal budget is reducing expenses in flexible categories. This allows for adjustments to ensure your income meets or exceeds your expenses.

Explanation:

The last step in making a personal budget is B. Reduce expenses in flexible categories. Establishing a personal budget involves many steps, beginning with identifying all sources of income. However, creating the budget does not end there. The next step is categorizing different expenses, followed by keeping track of these expenses. Then, after considering the interest rates on any loans, a budget can be modified to reduce expenses in flexible categories to make sure that outflows do not exceed inflows. This last step allows more room for savings and debt reduction.

The last step in making a personal budget is to reduce expenses in flexible categories. This involves analyzing your spending habits and identifying areas where you can cut back or make adjustments. By doing this, you can ensure that your budget aligns with your financial goals and helps you manage your money effectively.

Learn more about Personal Budget here:

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The main challenge of career planning in changing times is that

Answers

the answer is to adjust plans very often

Which of the following income statement figures would probably be the best indicator of a company s future performance?a. Total revenues
b. Income from operations
c. Net income
d. Gross profit

Answers

The income statement figures would probably be the best indicator of a company's future performance is income from operations.

>Income from operations or IFO is the net income of an entity, not including the impact of any financial activity or taxes. IFO is the profit realized from a business' own operations.

What is a benefit of stock markets? They create jobs.
They allow companies to generate income.
They allow individuals to invest money and create more money.
All of the above.

Answers

Answer: All of the above.

Explanation:

The stock market refers to the market which deals with buying and selling of stocks among investors and also issuance of shares of public-held companies. This is done or conducted over the counter (OTC) which operates under a defined set of regulations.  There can be more than one stock trading center in a country which allows transactions in stocks and other forms of securities to take place. The stock market create jobs or employment as a result of people working in the market, it allow companies to generate income through buying and selling of stocks and it also serve as a means of investing and creating more money for individuals.

Trade and exchange is one of the signs of decreasing social complexity. a. True
b. False

Answers

False. Trade Helps us to intermingle with other cultural and helps to strengthen and grow society

the awnser to your question is most definently false

Which document begins with the words "We the people of the United States"?

Answers

The Constitution of the Unites Stated had this starting words :"We the people of the United States" and it was written in 1789.
The constitution of the USA written in, September 17, 1787
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