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Zanzabum
3 years ago
14

1. Liabilities are amounts you_____.

Business
2 answers:
amid [387]3 years ago
5 0
1. Liabilities are amounts you <span>owe. The answer to your question is A. 

2. From those aforementioned, the one that can </span>potentially increase your savings reduce discretionary spending. The answer to your question is C. 

I hope that this is the answer that you were looking for and it has helped you.
NISA [10]3 years ago
4 0

Answer:

1. A. owe

2.C. reduce discretionary spending

Explanation:

1. Liabilities are the obligations (amount owed) of a person or an entity as a result of a past event for which future economic resources such as cash will flow out of the person or entity. Debts is a good example of liabilities.

2. Options A, B and D will reduce savings as savings is a function of the disposal income available and the disposal income is a function of the income and expense.

Therefore, the right option is C. reduce discretionary spending.

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Therefore, Option (C) is correct.

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