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ELEN [110]
3 years ago
8

Brian just started using a budget. He proudly tells friends that his budget helps him know where his money is being spent. It al

lows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent, and even gives him more money each month. Evaluate Brian's understanding of budgeting.
Select the best answer from the choices provided.

Brian has no understanding of budgeting. Each of his statements is incorrect.

Brian has a limited understanding of budgeting. A budget will give him more money each month, but it will not help him keep track of his spending.

Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better.

Brian has a good understanding of budgeting. Each of his statements is correct.
Business
1 answer:
stepan [7]3 years ago
5 0
The right answer for the question that is being asked and shown above is that: "<span>Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better." That is the best answer among the choices.</span>
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Which of the following is an example of human capital?
Lostsunrise [7]

Answer:

B

Explanation:

b.the amount you get paid each week to work at the library

This is because human capital involves using humans to perform series and output and managing them only option b fall in that line

8 0
3 years ago
Businesses can be classified into the following forms: sole proprietorship, partnership, corporation, limited liability company
Charra [1.4K]

Answer:

Owners have limited liability.

Explanation:

A corporation is an entity , established by shareholders or individuals with the aim of making profit. It is a legal entity hence can enter into a contract, can also sue and be sued.

The legal process involved in the establishment of corporation is called incorporation. It contains the main reason why the corporation is in business, name and office address, types and number of shares to be issued.

Because the business is incorporated and also a legal entity, it means that the owners are protected personally should their be any litigation against the corporation. Moreover, the liability of the owners are limited to the investment in the corporation.

6 0
3 years ago
Which type of accounting information is intended to satisfy the needs of external users of accounting information
hoa [83]

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

Read more about<em> accounting</em> here:

brainly.com/question/24357323

3 0
2 years ago
5. Explain what would happen to interest rates if a new process was developed that allowed automobiles to run off oil that was f
harkovskaia [24]

Answer:

When the new processes are developed for manufacturing it results in interest rate fluctuations. However, operational costs would become uncertain which would further affect the total production costs. Thus the value of an investment would be impacted. Automobile demand from the customers will also get affected. thus, fall in interest rate will have a significant and positive affect on the sale of automobiles as well as revenue.

3 0
3 years ago
Borrowed 152300 for three years if the qouted rate (apr) is 11.75% and the compounding is daily what is the effective annual rat
Vikki [24]

Answer:

The appropriate response is "12.47%".

Explanation:

The given values are:

Borrowed amount,

= 152300

APR,

= 11.75%

i.e.,

= 0.1175

Now,

The effective annual rate will be:

= (\frac{1+APR}{n} )^n

On substituting the given values, we get

= (\frac{1+0.1175}{365} )^{365}

= (\frac{1.1175}{365} )^{365}

= 1.12466-1

= 0.1247 \ or \ 12.47 \ percent

7 0
3 years ago
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