Answer:
The question would be, Do you have an adequate emergency fund?
Explanation:
When an individual or a company is evaluated on the basis of its current income and a plan is made for its future finances, to predict future income, assets, finances, etc, it is called as the Financial Planning.
The most important question to be asked while planning for finances is, Do you have an adequate amount of emergency funds? This is because it is always necessary to have some funds reserved for emergency purpose. Planning your finances without reserving amount for the emergency is useless. So it is most important to have an adequate amount of money or funds reserved for the emergency situations.
I had to look for the options and here is my answer.
Some accountants assert that variances should be written off directly to the price of the sold goods, regardless or materiality because product proration would indicates that assets values on the balance sheet consist of the inefficiency costs.
What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.
Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.
True
The Financial Accounting Standards Board (<em>FASB</em>) is an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States, following generally accepted accounting principles (<em>GAAP</em>).
