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liubo4ka [24]
3 years ago
11

The set of skills and knowledge needed to make informed decision about money matters is called

Business
2 answers:
emmasim [6.3K]3 years ago
8 0
Financial literacy
apexxxxxxxxxxx
Nutka1998 [239]3 years ago
4 0

Answer:

The correct answer is financial literacy.

Explanation:

 Financial literacy are the abilities and skills of understanding or education that an individual possesses in financial areas, which will allow him to make good decisions regarding the financial resources he possesses.

<u>The individual must be instructed</u> as to what is necessary to rearrange a budget, keep track of the expenses he makes, pay his debts, etc., and thus be able to achieve financial stability. All this will be done through financial education.

<u>Having education in this field will prevent a person from facing different scams, abusive loans, mortgages or poor decision making.</u>

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On March 1, 2017, Westmorlan Company acquired real estate on which it planned to construct a small office building. The company
OleMash [197]

Answer:1. Cost on warehouse of

$8600

Answer. Debit cost of land

2. Sales of salvage materials of $1700

Answer. Credit cost of land

3. Attorney fee of $1100

Answer Debit cost of land

4.Broker fee of $5000

Answer. Debit cost of land

5. Architect fee $7800

Answer. Debit cost of land

6. Driveway and parking lot

Answer. Debit cost of land.

Explanation:

The cost of property includes the price of purchase and other related tax e.g vat paid on the property, plants or equipment.

The cost of the asset further includes all cost spent to bring it to the desired state of use while subtracting all income earned in the process and this necessitate the treatment of the cost of raising warehouse and salvage materials.

Included in the cost of the asset acquired are the professional fees incurred like the Architecture, Attorney etc. Furthermore the cost included the driveway and parking lots for they are also necessary to make it usable.

5 0
3 years ago
Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false
Mariana [72]

Answer:

<u>True</u>

<u>Explanation:</u>

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials,  labor, etc into the goods and services needed by consumers.

8 0
3 years ago
Allie is having three friends over to order pizza and watch a movie that just came out on DVD. She wants to make sure that she i
Lana71 [14]

Hey there,

Allie could look up coupon and discount deals for the pizza. She could ask each of her friends to chip in a small amount of money to help with the costs. Another thing she could do is compare the prices of DVD's from various stores.

:)

4 0
3 years ago
Read 2 more answers
1. Which of the following sequences of events most accurately portrays a real-life scenario? (1 point)
Lyrx [107]
1. Choice (a) is correct. In a real-life labor union strikes, it usually begins with a notice of strike to be sent to an employer within 60 days known as the cooling-off period. Then, labor unions' strikes begin. If they feel that they are ignored by the employer, then picketing happens. Labor unions carry signs and other rally paraphernalia in the premises of the employer informing the public about their sentiments towards the employer. In this case, the employer will ask the labor union to reach an agreement through collective bargaining agreement. 

2. Choice (a) is correct. The management has three tools to use in case of disagreement. These are an injunction, lockout, and hiring replacement workers. An injunction is a judicial order telling the person from doing so. A lockout is a temporary work stoppage or denial of employment. Hiring replacement workers simply mean looking for another competent worker that can do the job of the vacated position.

4 0
3 years ago
An individual has been making periodic premium payments on an annuity. The annuity income payments are scheduled to begin after
3241004551 [841]

Answer: Deferred

Explanation:

The deffered is one of the type of annuity that helps in making the various types of insurance related contracts for the purpose of long time savings.

A deferred annuity is one of the type of contract where they pay some amount of their profit to the owner on the regular basis and it also used by various types of investors for profit purpose.

According to the question, the deffered annuity is making the various types of periodic payments that helps in scheduling the annuity after one year. Therefore, Deferred is the correct answer.

5 0
3 years ago
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