POF SLO 2019 Questions with Complete Correct Answers | Grade A+

Maintaining organized records for income and expenses is important in order for a person to know where her money is going. What is an effective strategy? Ans: Track monthly income and spending in a notebook or spreadsheet. You can not to the following with online banking Ans: Buy concert tickets. Gross profit shows business owners the difference between what they've Ans: spent and received. Business owners are usually interested in net profit because they want to know what they can Ans: keep. A cost-benefit analysis evaluates Ans: business decisions. Why do many people pursue finance careers? Ans: There is a positive outlook for finance careers. Which of the following is an essential qualification for a career in finance Ans: Good communication skills What should employees rely on to make decisions about situations that are not covered by a rule or an office policy? Ans: Personal code of ethics Every budget should contain which of the following two components Ans: : Salaries and royaltie