They could change for many reasons some being:
1. if you're not on a lease the rent can go up at any time only
2. if you are on a lease regardless improvements to your home the landlord can raise it every year.
3. if you have a mortgage w a variable APR your mortgage/ housing needs change monthly
4. your goals would change if maybe you wanted to move closer to your job or you got a new job and you need to move closer
5. maybe if you got married or had kids your housing gold would change.
6. maybe you live in not such a nice neighborhood and you'd like to live in a neighborhood less crime your goals would change
not sure if those are the answers you're looking for but there's so many different reasons that your housing needs and goals could change
Answer: C nonexistent; that is, there is no such accounting requirement.
Explanation: there is no accounting
assumption that requires that the cost flow be consistent with the physical movement of goods.
Instead, the movement of money (real or virtual) is tracked using a cash flow statement; income and profit matches revenues to the timing of when products/services are delivered—a company’s net income can actually be materially different from its cash flow.
In his career explorations class, Navid took a personality inventory and he discovered that he is an outgoing person and truly enjoys being around many people.
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Top down/bottom up budgets, lack of control, poor inventorying, lack of staff investment, over control are the least effective financial management practices in creating and monitoring an operating budget.
The operating budget includes the expenditures and revenues generated by the company's daily business functions. The operating budget focuses on operating expenses, such as the cost of goods sold in the market, also known as the cost of sold goods (COGS), and revenue or income. COGS is the cost of direct labor and direct materials used in the production process.
The operating budget also includes overhead and administration costs that are directly related to manufacturing goods and providing services. However, capital expenditures and long-term loans will not be included in the operating budget. Budgets for sales, production process or manufacturing, labor, overhead, and administration are a few examples of frequently utilized operating budgets.
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Answer:
D. The worksheet
Explanation:
Accounting records are documents used to analyze and prepare financial statements. Accounting records are also documents which can be used to assess the performance of a company and also serves as source of records for audit purposes.
The followings are essential parts of accounting records; balance sheet, statement of cash flow, the ledgers , the journals, income statements etc.