Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.
<h3>What are better financial decisions?</h3>
- The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.
- The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.
- The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.
Hence, the strategies for taking better financial decisions are as aforementioned.
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Answer:
1. In 2021, Capitalized interest = $205,000
2. In 2022, Capitalized interest = $3,870,000
3. Total cost = $5,231,980
Explanation:
See the attached file for the calculation
The correct answer is; Transition Goals Plans Success Program.
Further Explanation:
The Transition Goals Plans Success Program is a resource that helps military members and their families prepare for life outside of the military. Men and women from all armed services departments are eligible to use this program to help the transitioning to a civilian citizen go smoothly.
The Transition Goals Plans Success Program starts as soon as someone enters the military and each milestone in their career. A few things that the program helps with are;
- resume writing
- career advice
- military transition
- interview tips
- pursuing additional education
The Transition Goals Plans Success Program now has an app that families can download and have more access to resources.
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Answer:
The correct word for the blank space is: strategic vision.
Explanation:
The strategic vision of a company outlines the path the organization should follow and the set of steps that are to be taken to reach the firm's objectives in the long term. Compared to the mission, the vision is in charge of answering the question of <em>what the impact of the organization's operations will be for the internal environment of the firm</em>.
Answer:
Effective
Explanation:
Segregation of duties (SOD) is an essential part of the effectiveness of internal controls for any business. This integral separation ensures that key processes are performed by more than one person to prevent fraud or financial misstatement. While technology continues to become more sophisticated, the time is now to implement controls that segregate key functions within processes such as cash disbursements, investments, payroll, and many other areas.
Maarja's Razors is implementing effectively the segregation of duties. Key processes are performed by more than one person, and this helps in flexibility of operations.
