Describe how credit cards affect your personal budget, income statement, and balance sheet. Has credit allowed you to expand your purchases?
What will be an ideal response?
Answer: This is a subjective answer. Interest expense on credit reduces wealth. However, purchases on credit allow you to purchase more assets. With credit cards, it may be harder to restrain spending on a tight budget.
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Matthew’s manager disciplined him for spending 3 hours each day on social media instead of doing his work. This is an example of a consequence of ______.
A. code of conduct B. workplace monitoring C. employment-at-will D. orientation period
An organic organizational design is typified by extensive levels of _______________.
a. Discretion b. Authority c. Administration d. Both b and c
Office supplies, telephone, and utilities are examples of direct costs
Indicate whether the statement is true or false
A balanced scorecard consists of a report showing a performance measure such as ROI or residual income for all of the divisions in a company that generate profits.
Answer the following statement true (T) or false (F)