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vichka [17]
4 years ago
6

Why is it important to invest for your retirement? please explain :p

Business
1 answer:
netineya [11]4 years ago
5 0
So that you become self-sufficient and have more control over your life in the future you don’t need to depend on Social Security, Medicare, or even relatives which are unreliable sources that you can’t control.
You might be interested in
Identify the type of planning used to develop multiple-year plans based on a situational analysis, competitive assessments, and
maria [59]

Answer:

a. Strategic planning    

Explanation:

Strategic planning -

It refers to the method of decision making by assigning the resources in order to make the strategy, is referred to as strategic planning.

The method involves the use of various resources and capabilities to make the plan and accomplish the objective.

These planning are made on the basis of years depending on the  competitive assessments, situational analysis, and all external factors and evaluating the strategic options.

Hence, from the given question,

The correct answer is a. Strategic planning.

5 0
4 years ago
In order to obtain a job you may have to go through the typical sequence of interviews, which includes
Scrat [10]
Hello,

The answer to this question is B. preliminary screening stage, selection stage, and review stage.
8 0
4 years ago
n 2010, Tara used $50,000 from funds she had invested in certificates of deposit as a down payment to buy a house. What function
yuradex [85]

Answer:

Medium of Exchange

Explanation:

A certificate of deposit represents a legal document issued by a commercial or economic institution such as a bank as evidence of a sum of money deposited by the individual for a particular period and with a specified rate of interest.

A Medium of Exchange, on the other hand, represents an intermediary system or instrument that can be used to make sales, purchases and facilitate the trade of goods or services between various parties. To qualify as a medium of exchange, the instrument should have a standard face value and must be acceptable to all parties.

Since Tara was able to put down $50,000 as represented on the Certificates of deposit, it becomes a medium of exchange, because it has a standard face value (as determined by the bank) and it is acceptable both by Tara and the estate from which Tara is purchasing the house.

3 0
4 years ago
Contracts for sale may contain sections that cause implementation of the contract to depend on the successful completion of some
aliina [53]

Answer:

C. contract with contingencies

Explanation:

Real estate contracts that contain contingencies or provisions that must be met before the real estate contract can be fulfilled are called contracts with contingencies. If this contingencies or provisions are not fully satisfied, the contact is null or void, e.g. the buyer will only proceed with the operation if the house passes the inspection.

3 0
3 years ago
Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system a
atroni [7]

Answer: Check attachment

Explanation:

Apr. 17:

Account payable:

= $6500 - $900

= $5600

Merchandise Inventory

= $5600 × 2%

= $5600 × 0.02

= $112

Cash = $5600 - $112

= $5488

Apr. 28:

Account payable:

= $12300 - $500

= $11800

Merchandise inventory

= $11800 × 1%

= $11800 × 0.01

= $118

Cash = $11682

Check attachment

8 0
4 years ago
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