ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

FINANCIAL PLANNING AND ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Benchmarks may consist of steps or specific actions to take.
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Benchmarks may consist of steps or specific actions to take. One advantage of manual records of financial information is that they do not require protection from unauthorized uses and users. Because most people do not have enough resources to meet all their needs and wants, they must make choices.

Detailed explanation-2: -The personal cash flow statement measures your cash inflows (money you earn) and your cash outflows (money you spend) to determine if you have a positive or negative net cash flow. A personal balance sheet summarizes your assets and liabilities in order to calculate your net worth.

Detailed explanation-3: -A Gantt chart is a visual description of a project’s timeline. The chart shows the start and end dates of a project’s components, such as resources and planning.

There is 1 question to complete.