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3 years ago

Short-term financial goals might include

Business

2 answers:

Vsevolod [243]3 years ago

7 0

Short-term financial goals might include buying movie tickets.

Further Explanation:

Short-term financial goals: Short-term financial goals are the goals that a person or entity has to achieve in a definite period of time, and by spending a relatively smaller amount. Short-term financial goals of a person can be defined as day-to-day expenditures such as groceries shopping, fixing the furniture, payment of the mobile bill.

In the current case, the short-term financial goals might include buying a movie ticket because the purchase of a movie ticket can in a short period of time by spending a small amount.

Justification for the correct and incorrect options:

Spending less on gas: This is an incorrect option.

Spending less on gas is a continuous process until unless a person does not reduce the use of gas or finds other alternatives for gas.

Buying a movie ticket: This is the correct option.

Purchase of a movie ticket is a short-term financial goal as it can be achieved in a shorter time by spending a small amount of money.

Purchasing a new car: This is an incorrect option.

Purchasing a new car would require a study such as a requirement and preparation of the budget. The value of a car is an amount. So it will be considered as a long-term financial goal.

Saving up for a vacation: This is an incorrect option.

The duration and time of the vacation are not defined. Generally, the cost of saving is high, so it should be classified as a long-term financial goal.

Learn more:

1. Learn more about the objective of the budget

brainly.com/question/1226004

2. Learn more about the revenue and expenditure

brainly.com/question/1890422

3. Learn more about the large expenditures

brainly.com/question/7744644

Answer details:

Grade: High School

Subject: Financial Accounting

Chapter: Financial goals

Keywords: Short-term financial goals, long-term financial goals, spending, less on gas, buying, movie tickets, purchasing, a new car, saving up for, vacation, expenses, aim, objectives, might include.

Cerrena [4.2K]3 years ago

4 0

The best and most correct answer among the choices provided by the question is the second choice "buying movie tickets"

Personal financial goals will differ in the length of time needed to achieve them.Short-term goals are priorities that can be accomplished within two years. Be sure every goal has a specific purpose, a dollar amount that it will cost, and a realistic target date. ... Most long-term goals require regular savings.

I hope my answer has come to your help. God bless and have a nice day ahead!

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