<span>You would look at the different costs on the industry report. This can tel you a lot. Averages are when you take a sum of all of the different areas and then divide that by how many areas there were. This lets you know roughly how the industry is doing.</span>
The correct statement is that in the <u>spreadsheet </u>below, a <u>financial plan</u> for<u> </u><u>protecting assets </u>is missing. So, the correct option is C.
A financial plan for protection of assets seems to be missing, as there is no payment of premium of insurances in cash outflow columns.
<h3>Financial Plan </h3>
A financial plan refers to as the estimation and strategy making of the cash flows that an individual or an organization is to manage.
In the example above, it can be seen that there are a lot of cash outflows, but not a single dollar is spent on protecting the assets by way of payment of insurance premium.
So, a financial plan for protecting assets is advised to be created, as the individual will require protection against any unwanted and unprecedented losses or damages.
Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing as there is no payment towards insurance premiums in the cash outflows.
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Answer:
The answer is option B.
Explanation:
The main components of money in the United States today are the physical cash in the form of currency, and also the deposits that are made in the form of savings in various banks and other depository institutions. This is to take into account that, the asset that can be converted into cash is not considered under these components of money in the US.