1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svet-max [94.6K]
3 years ago
9

Which is the last step in making a personal budget?

Business
1 answer:
OlgaM077 [116]3 years ago
4 0
The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.
You might be interested in
(I) Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.(II) Countries
Komok [63]

Answer:

I. False

II. True

Explanation:

Economic freedom refers to the human right to own and control private property and decide how your labor should be used. When Economic freedom exists, people are able to contribute freely to the economy in a way that they prefer in a stable environment that supports their ventures.

Evidence has shown that in countries where people have the liberty to engage in business as they see fit, the Economies grew faster and had a higher average GDP per capita than countries that did not.

This is why developed countries (usually have higher economic freedom) are better off than a lot of developing countries where several factors such as corruption hinder economic freedom.

5 0
3 years ago
From President Abraham Lincoln's perspective, the decision to wage a civil war against the southern states is best summarized in
frutty [35]

Answer:

States that allowed slavery were no longer sovereign

Explanation:

cu Abraham believed that they were all human beings and should be free in america

5 0
3 years ago
What are the two deadly sins of human relations​
zalisa [80]

Answer:

Dishonesty and When you help someone of casting out demons you don't have to get your money because God do not like that.

Explanation:

8 0
3 years ago
When did banks of deposit first arise?
Roman55 [17]

Answer:

Around 2000BC

Explanation:

3 0
3 years ago
Which economic system leaves production decisions completely up to the producers? 1. mixed economy 2. command economy 3. planned
ozzi

Answer:

4. free-market economy

Explanation:

Free-market economy -

A free market refers to the economic system which depends on the demand and supply , where the control of government is nil , is referred to as free - market economy.

It helps to provide all the voluntary exchange occurring in the economy.

The range of the free market economy of a particular country , is present in between very large or completely black market.

Hence, from the given statement of the question,

The correct term is free - market economy.  

7 0
3 years ago
Other questions:
  • Suppose a basket of goods and services has been selected to calculate the consumer price index. In 2005, the basket of goods cos
    8·1 answer
  • There are innovations involving new ways to produce and conserve energy. If we can turn this new technology into marketable prod
    5·1 answer
  • Firm A pays $0.80 a year as dividends on its common stock. Currently this stock sells for $28.12 a share. Last year, at this tim
    11·1 answer
  • Which of the following is an example of a "back room" operation for an airline company? A. assisting passengers in getting off o
    15·1 answer
  • Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Jan
    15·1 answer
  • A commercial bank like Comerica creates money by Group of answer choices making loans. earning profits. printing paper money. se
    12·1 answer
  • Marigold Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated
    5·1 answer
  • A person studying economics chooses to buy an economic textbook for their class, even though it means they
    14·2 answers
  • Which of the following is an example of physical capital in an economy?
    14·1 answer
  • Gary, Peter, and Chris own a firm as partners. Gary has a capital balance ofâ $22,000; Peter a capital balance ofâ $42,000; and
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!