Which of the following is NOT one of the six steps to personal finance planning process?
a. Inventory your current situation.
b. Check with your friends and family to see how their financial planning process is going.
c. Develop financial goals.
d. Identify courses of action and choose one.
e. Evaluate your course of action and adjust if necessary.
e. Evaluate your course of action and adjust if necessary.
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The desired corporate image is one that:
A) coincides with the majority of companies within the industry B) highlights the quality of products being sold by the company C) is consistent with the views of management of each company D) sends a clear message about the unique nature of an organization and its products
The Securities and Exchange Commission has the legal authority to prescribe accounting principles and reporting practices for
A) all companies issuing publicly traded securities B) all companies issuing any type of securities C) all companies D) all corporations
A certificate of deposit is an instrument containing an acknowledgement by a bank that it has received a deposit of money and a promise by the bank to repay the sum of money.
Answer the following statement true (T) or false (F)
The _____ are linked (that is, they articulate) through the shareholders' equity account, Retained Earnings
a. balance sheet and the income statement b. balance sheet and the statement of cash flows c. statement of cash flows and the income statement d. all of the above e. none of the above