ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

FINANCIAL PLANNING AND ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the missing amount in the budget? Income Work ____ $400 Allowance ____ 100 Interest ____ 10 Total income ____ $510
A
$200
B
$1000
C
$100
D
$150
Explanation: 

Detailed explanation-1: -One of the most common percentage-based budgets is the 50/30/20 rule. The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings. Learn more about the 50/30/20 budget rule and if it’s right for you.

Detailed explanation-2: -A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows.

Detailed explanation-3: -Calculate your earnings. Pay your bills on timeTrack your expenses. Set financial goals. Review your progress.

There is 1 question to complete.