BUSINESS HIGH SCHOOL

Choose all that apply. Taylor wants to create a budget to track her expenses and identify ways she can reduce spending. What tools could she use? a. Quicken bill pay spreadsheet
b. Mint BudgetTracker

Answers

Answer 1
Answer:

Answer:

Taylor could use the following tools to track her expenses:

a. Quicken bill pay spreadsheet

b. Mint BudgetTracker

Explanation:

Budgeting can be defined as the act of monitoring and controlling one's spending to prevent misuse. A budget helps people keep track to avoid cost overruns. Budgets are periodically evaluated for improvements to make sure that they are in line with the financial objectives set. There are three types of budget;

1. Budget surplus: this occurs when revenue exceeds the expenses. A budget surplus is usually a good sign since one always has a lot of disposable income that can be contributed to savings or investments.

2. Balanced budget: this occurs when the revenue equals the expenses. One who has a balanced budget cannot save or even invest unless they borrow.

3. Budget deficit: occurs when the expenses exceed the revenue. One should strive not to find himself/herself in this situation.

There are various software tools that can be used to track one's budget, they are;

a. Quicken bill pay spreadsheet : this is a software that allows you to pay your bills in a fast and convenient way. It can be used to track your spending since it can be personalized in a way that let's you pay for bills and services. In this way, one takes note of his/her bills and also the amount spent.

b. Mint BudgetTracker: this is also a software designed with various financial elements. It can be used to pay bills, thus financial tracking. It can also be used to track the performance of investments. This tool is important for financial budgeting.


Related Questions

COLLEGE

Danny works for a home electronics store and is a member of a team created to increase communication among various departments. Danny has networked with new people and now has strong contacts for each department when he needs them. Danny is a member of a ________ team

Answers

Answer:

Cross functional team

Explanation:

Cross-functional team - it is refer to that team that consist of people from different department and works for a common minimum program. The reason behind forming the Cross-functional team is to divide the work into the team and reduce the chances of politics that prevail within the department.

cross-functional teams help to synergies the environment that is comprised of different skills and experience and ultimately lead to creative outputs.

MIDDLE SCHOOL

Which of these additional costs will most likely be the most expensive?

Answers

Answer:

The additional costs which will be most likely be the most expensive is tuition

HIGH SCHOOL

A recent survey polled a sample of male Mexican-American adolescents to determine if there is an association between smoking and unhealthy behaviors. Below is the data. Each boy, age 10-18, was classified according to smoking status and his response to a question asking whether he liked to do risky things. Smoking Status

Smoker Nonsmoker
Likes Risky Things 45 46
Doesn't Like Risky Things 36 153
What method of assigning probabilities is appropriate for this scenario?

subjective

relative frequency

assuming outcomes are equally likely

conditional

Answers

Answer: Subjective

Explanation: From the Scenario and the listed Feedbacks are subjective from the survey polled because they do not have the accurate figures to create a opinion about unhealthy smoking among Mexican American adolescents.  

COLLEGE

Based upon the Boston Consulting Group's Growth-Share Matrix ... a company's products that are experiencing a low market growth rate, and yet have a high market share (examples: Nabisco Oreo cookies and Procter & Gamble's Bounty paper towels)... are considered to be:__________

Answers

Answer:

Cash Cow (high market share and low market growth).

Explanation:

BCG matric highlights products/SBUs(strategic business units) on the basis of their market share and market growth.

Four categories are classified on this basis:

1. cash cows (high market share and low market growth)

2. question marks (low market share and high market growth).

3. dogs (low market share and low market growth)

4. star (high market share and high market growth)

The examples mentioned indicates that nabisco Oreo cookies are cash cows similarly coke is a cash cow product.

cash cow products generates enough cash flows to milk other products in the portfolio.

HIGH SCHOOL

Where Y is GDP, C is consumption, I is investment, G is government spending, T is net taxes, and there is no international trade, private saving equals?

Answers

Answer:

PRIVATE SAVINGS = INVESTMENT

Explanation:

Y = C + I + (G-T) , represents AD elements of - Households , Firms Government , Financial Sector (banks) .

In this model : Savings & Taxes are 'Leakages' from the circular flow (by financial & govt spending respectively) ; Investment  & Govt spending are Injections into the Circular Flow ((by financial & govt spending respectively).

For consistency of Circular Flow : Leakages = Injections linked to a sector. Household Leakages 'Savings' (not spent) go into banks and Firms borrow from banks and inject it back into Economy in form of Investment .

HIGH SCHOOL

Sears department stores used to plant employees in competitors’ stores to perform research and analysis. Recently the company implemented a system that can search competitor websites and provide comparisons of price, promotions, and availability and the system is saving time, money, and resources. What type of system did Sears implement?A. shopping algorithm.B. shopping network.C. shopping logic.D. shopping bot.

Answers

Answer:

D) shopping bot

Explanation:

A shopping bot is a software that compares the price of online products or services. Usually consumers use shopping bots to search the prices of products or services on several online stores and try to find the lowest possible price for the same product. Sear will probably use the shopping bot to compare if their own prices are higher or lower than their competition.

HIGH SCHOOL

Timber Manufacturing uses the perpetual inventory system and purchased $6,000 of merchandise inventory on account. The seller prepays $300 in freight charges which were added to Timber Manufacturing's invoice. The journal entry for the purchase of merchandise on account using the perpetual inventory system is:

a.merchandise inventory: 6,000 debit
delivery expense: 300 debit
accounts payable: 6,300 credit
b.merchandise inventory: 6,000 debit
accounts payable: 6,600 credit
c.merchandise inventory: 6,300 debit
cash: 6,300 credit
d.merchandise inventory: 6,300 debit
accounts payable: 6,300 credit

Answers

Answer:

d.merchandise inventory: 6,300 debit

accounts payable: 6,300 credit

Explanation:

The journal entry to record the purchase of merchandise made on the account is shown below:

Merchandise inventory A/c Dr $6,300        

         To Account payable A/c $6,300

(Being the purchase and the freight is recorded)

The computation is shown below:

= Purchase value of merchandise + freight charges

= $6,000 + $300

= $6,300

COLLEGE

You have always thought that learning to play the guitar would be fun. However, this activity would cost money and require time away from other activities. This is an example of ___.

Answers

Answer:

The correct answer is: the problem of scarcity.

Explanation:

Scarcity is the basic economic problem that arises because individuals have unlimited wants but posses limited resources. To maximize the level of satisfaction, individuals trade-off some goods or services to acquire others and keep a balance between them.

COLLEGE

If $17,000 is invested at 11​% per​ year, in approximately how many years will the investment​ double?

Answers

There is a popular rule called the rule of 72 where in you will divide 72 by the interest rate of your investment to know the length of time the value of your money will double.  In here, 72 divided by 11 is 6.55 years. Your $17,000 will be $34,000 after approximately 6.55 years.

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