Give an example of a decision that might not be considered a financial decision but will have a major impact on your financial situation
What will be an ideal response?
Answer: The decision to have a child will have a major impact on your financial situation. Although finances aren't considered the primary factor determining when to have children, the timing certainly has enormous financial implications, causing significant changes in housing, child care, and education costs. Considering that childrearing can cost $9,683 to $22,210 per child per year, saving to finance that child's college education might pose as a real challenge.
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A consumer's surplus represents an advantage for ________
A) producers B) suppliers C) consumers D) marketers E) business markets
Chapter 2 Review ? Interpersonal intelligence is the first step in developing strong professional relationships and good group communication practices. These questions will test your knowledge of the various aspects of interpersonal and group communication covered in Chapter 2. Successful teams are critical for business success. Small-group and team effectiveness evolves primarily from a high
level of _________ between individuals. A. reflective language B. hierarchical structure C. mutual trust Fill in the blank(s) with correct word
Residency tests may be used by ________
a) local government b) private companies c) both d) neither
Managers should accept special orders provided the special order price exceeds the product cost per unit under absorption costing.
Answer the following statement true (T) or false (F)