The benefits of successful financial planning. The benefits of effective and efficient personal planning include accumulation of wealth, improved personal relationships, increased finances to accommodate life changes and well-informed and effective decision making.
The benefits of effective and efficient personal planning include the accumulation of wealth, improved personal relationships and quality of life, increased finances to accommodate life changes and events, and well-informed and effective decision-making regarding current and deferred spending.
Some of the advantages of personal financial planning include improved effectiveness in obtaining, using, and protecting your monetary sources at some stage in your existence. Improved control of your monetary affairs with the aid of avoiding immoderate debt, financial disaster, and dependence on others. Improved personal relationships due to well-deliberate and correctly communicated financial decisions. A sense of freedom from monetary worries is received via looking to destiny, anticipating costs, and attaining non-public financial desires.
Financial planning is the process of taking a complete observe your economic situation and constructing a specific monetary plan to reach your dreams. As a result, financial planning often delves into a couple of areas of finance, consisting of making an investment, taxes, financial savings, retirement, your property, insurance, and extra.
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Answer:
A. Three performance obligations: 1. software license 2. installation support 3. technical support services
Explanation:
Under the ASU 2014-09, the obligations of the software developer includes software licensing, installation support as well as technical support services.
This is necessary because the software being developed is peculiar to the company that the software is being made for and as such would require that the software gets licensed by the appropriate council or board, assist with installing the software until personnel have been trained and/or contract expires and also provide support services for the software should it run into any problem while in use.
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Competition is an example of an American value in which her children is trying to achieve. Jody's way of preparing for the school's spelling bee by using several hours a day in which Jody encourages in a sense of competition. Competition arises when competitiveness is being encourages of which Jody is doing to her daughter, in which it is classified to be an American value.<span />
Answer:
The correct answer is: are costs that have already been paid and cannot be recaptured in any significant way.
Explanation:
Sunk costs are the costs that have already been incurred in the past and cannot be recovered. These costs should not matter while making decisions as they have already been incurred.
That is why these costs are not considered while making business decisions. They are considered as irrelevant to current decisions that are in direct contrast to relevant cost which are costs that are yet to be incurred in the future.