Which is the last step in making a personal budget?

1 answer:

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

Maria took out an unsubsidized Stafford loan of $6,925 to pay for college. She plans to graduate in 4 years. The loan had a dura

enot [183]

4 0

2 years ago

Read 2 more answers

which is the value of the work actually performed up to a specific point in time, is calculated by multiplying the TBC by the pe

bearhunter [10]

Answer:

The answer is EV (Earned Value)

Explanation:

It is the value of the work actually performed, determining the earned value includes collecting data on the percent complete for each work package, then converting this percentage to a dollar amount by multiplying the TBC of the work package by the percent completed.

I hope these helps, if it does please give brainliest.

3 0

2 years ago

What do you do if your lender rejects your loan application

Dima020 [189]

Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.

Explanation:

8 0

2 years ago

What are the opportunity costs of going to the gym for a workout rather than studying for an economics test?

NARA [144]

Answer:

see below

Explanation:

Opportunity cost is the value of the forfeited benefits as a result of making a decision in a certain way. Decision making involves choosing one item over others. The cost or value of the option not chosen is the opportunity cost. The value of the forfeited option is the opportunity cost.

In choosing to go to the gym, the forgone activity is studying for the economic exam. The benefits associated with studying for the economic test is the opportunity cost. The value attached to the economic test, such as good grades, passing the test, or any reward arising from studying for the test, is the forfeited benefit and hence the opportunity cost.

6 0

2 years ago

When a project team member is not performing, rewards may not prove as effective as a coercive approach that threatens the team

REY [17]

Answer:

True

Explanation:

Workplace coercion is used to alter the belief system and values of an organisation. It creates unhealthy work environment. In workplace coercion strength and power are used to force employees to increase productivity. It can also include threats. Such tactics are used to get better results from employees.

It workplace coercion continues for a long time it can demoralise the employees. It is also problematic for the organisation to use its human resources effectively.

Although employees try to adapt and learn the work, coercion can lead to absences.

5 0

3 years ago