Description
Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. ... People with appropriate financial literacy training make better financial decisions and manage money better that those without such training
The statements given are the examples of
personification.
<span>We can say personification is a type of speech, in which we
give qualities to something. There are many reasons and situations behind using
personification. For example in a statement, “money talks”, money is a thing
but talk is a quality. We know that money can’t talk by mouth like us.</span>
Answer:
In forecasting accounts payable, one of the relevant questions is:
What is the cash conversion cycle?
Explanation:
The variables used in computing the cash conversion cycle include accounts receivable days, inventory turnover days, and accounts payable days. Specifically, cash conversion cycle (CCC) is the period in days that it takes the firm to convert cash into inventory, then into sales, and finally back into cash. To gain a good understanding of accounts payable, one should always consider the major inclusive metric.
Answer:
In your list of options there are 2 Major functions of an entrepreneur:
1. Innovate
2. Take Risks
Explanation:
Remember that being an entrepreneur and being a manager are 2 very different things. When an entrepreneur takes over the functions of a manager then things get more complicated. You can have a really big company that goes belly up because of bad management but that doesn't mean you had an incompetent entrepreneur.
The organizing function is one of my personal favorites. Here you have to get everything together, materials, machinery, material resources to operate, legal requirements etc. Then with successful leadership you can execute the plans directed by the entrepreneur.