What aspect of financial planning might you discuss with a friend who buys fancy coffee drinks twice a day, visits the mall at least once a week for recreational shopping, and prefers impulse buying to carefully researched purchasing?
A) Just do it.
B) Nothing happens without a plan.
C) Mind games, financial personality, and your money
D) Waste not, want not—smart spending matters.
Answer: D
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The cutoff assertion relates to whether transactions and events have been recorded in the correct accounting period.
Answer the following statement true (T) or false (F)
Cash flow from operations to capital expenditures ratio
a. Interest expense b. Income tax expense c. Cash flow from operations before interest and tax payments d. Cash paid for acquisitions e. Cash flow from operations f. Total dividends paid g. Interest payments h. Principal payments on debt
What are the differences between using the "you-attitude" and the "I-attitude" in a business situation?
What will be an ideal response?
Answer the following statements true (T) or false (F)
1, Foreign direct investment can result in exploitation of labor, particularly in export processing zones. 2, While globalization has increased the exportation of unskilled jobs from the U.S. to low-wage countries, white collar jobs are rarely outsourced abroad. 3. International investment portfolios create cross-border flows of investment securities like stocks and bonds. 4. When looking to international financial investments, investors are more likely to think long term, making international markets more stable than a national market. 5. There are few benefits of immigration to the receiving country while there are many benefits to the immigrants' home country.