All categories

3 years ago

A good financial plan does not include an insurance plan. true false

Business

2 answers:

Yuliya22 [10]3 years ago

7 0

The answer is false a good financial plan requires an insurance plan

gayaneshka [121]3 years ago

5 0

Answer:

A good financial plan includes an insurance plan therefore the answer is FALSE ( A )

Explanation:

A financial plan is a complete / comprehensive written out plan about the long term financial goal, security of funds and investment of funds of any individual or group of individuals or firm and the laid out procedure/strategies of achieving it . and this must include an insurance plan as part of the security of funds and properties acquired.

An Insurance plan is a component of a financial plan that helps to cover up an amount of risk or accidents that might happen/occur due to unforeseen circumstances to your health or finance

You might be interested in

Wants to start a fashion boutique that will sell tailor-made garments and accessories. She plans to open boutique stores in life

Akimi4 [234]

Answer:

commercial bank people will help her in that regard

5 0

3 years ago

Camden Biotechnology began operations in September 2013. The following selected transactions relate to liabilities of the compan

USPshnik [31]

Answer:

Cash (Dr.) $12,000,000

Short term notes payable (Cr.) $12,000,000

Cash (Dr.) $2,600

Liability of refundable (Cr.) $2,600

Interest Expense (Dr.) $250,000

Interest Payable (Cr.) $250,000

Accounts receivable (Dr.) $4,100,000

Sales Revenue (Cr.) $3,977,000

Sales Tax Payable (Cr.) $123,000

Cash (Dr.) $10,000,000

Bond Payable (Cr.) $10,000,000

Explanation:

<u>Liability Schedule 2013,</u>

Accounts Payable $252,000

Current Portion of notes payable $2,000,000

Interest Payable $250,000

Sales tax Payable $123,000

Liability for refundable deposit $2,600

Total Current Liability $2,627,600

4 0

2 years ago

Samson's purchased a lot four years ago at a cost of $398,000. At that time, the firm spent $289,000 to build a small retail out

vladimir1956 [14]

Answer:

initial cash flow is 2,929,000

Explanation:

Attached is the table

3 0

3 years ago

Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,000 in investment expenses. T

Reil [10]

Answer:

Please check the following explanation

Explanation:

Capital losses are not included in the calculation of net investment income. Therefore, $2,000 long-term capital loss would have no effect on investment income. Thus, Porters' investment income will remain $2,500.

Consequently, Porters' can deduct $2,500 of the investment interest expense and the remaining $500 of investment interest expense will be carried over to next year.

4 0

2 years ago

Which of the following is an advantage to belonging to a labor union?

alisha [4.7K]

Labor union protect the workers right and interest.

Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests

The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.

Some advantage of Labor union for workers are:

Its helps to protect the interest of workers.
Its helps to negotiate and promote higher wages and better benefits.
Its help to ensure workplace safety.
The union serves as workers representatives.

Learn more about Labor union here

<em>brainly.com/question/453055</em>

7 0

2 years ago