The best way to achieve your financial objectives is to:
A. have a luxurious standard of living.
B. spend your money at once to reach your objectives swiftly.
C. develop a sound financial plan.
D. create a good tax deferment strategy.
E. monitor your spending.
Answer: C
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Comfort Shoes received a promissory note from a customer on April 1, 2014 . The face amount of the note is $2,000; the terms are 12 months and 8% annual interest. How much total interest revenue will Comfort Shoes recognize for the year ended December 31, 2014?
a. $ 40 b. $ 107 c. $ 120 d. $ 160
ACL and IDEA are two prominent examples of which of the following?
A. ITF. B. DBMS. C. EAM. D. GAS.
The Capability Maturity Model for software implementation is used by many organizations to identify best practices that are useful in increasing the maturity of their processes
Indicate whether the statement is true or false
When using the indirect method to calculate and report the net cash provided or used by operating activities, net income is adjusted for all but which of the following?
A. Depreciation and amortization expense. B. Changes in noncurrent assets and noncurrent liabilities. C. Changes in current liabilities related to operating activities. D. Revenues and expenses that did not provide or use cash. E. Gains and losses from nonoperating items.