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Questions in business

📝 Answered - Damian wants to save $7200 to buy a car within the next 2 years. Which budget would help Damian save enough money to buy a car in a timely manner with minimal effect on his other essential expenses? | Monthly Budget | Budget A | Budget B | Budget C | Budget D | | :------------- | :------- | :------- | :------- | :------- | | Income | $1000 | $1,000 | $1,000 | $1,000 | | Expenses | | | | | | Rent | $300 | $300 | $300 | $300 | | Utilities | $75 | $75 | $75 | $75 | | Food | $150 | $150 | $75 | $150 | | Bus Pass | $25 | $25 | $0 | $25 | | Car Savings | $350 | $250 | $300 | $100 | | School Savings | $100 | $200 | $250 | $350 | A. Budget A B. Budget B C. Budget C D. Budget D

📝 Answered - True or False: Net worth is found by adding assets and liabilities.

📝 Answered - Which type of employee must perform an annual demonstration of LOTO, which must be observed and verified? A. Affected Employee B. Authorized Employee C. Contract Employee D. Alternate Employee

📝 Answered - What is the purpose of combining the lists of what you enjoy doing and what you do well? A. Being able to see how great you are B. Being able to discover what you need to improve C. Being able to show your parents D. Being able to find common themes that could lead to a career

📝 Answered - Which of the following policies would be classified as a traditional level premium contract? A. Universal Life B. Variable Universal Life C. Straight Life D. Adjustable Life

📝 Answered - Which of the following leadership styles are supervisors most likely to use when interacting with subordinates with poor technical skills? A. a close, directive leadership style B. a friendly, supportive leadership style C. a participative leadership style D. an achievement-oriented leadership style

📝 Answered - Which of the following is a legal representative of a specific insurance company? A. The broker B. The Commissioner C. The insured D. The producer

📝 Answered - Which of the following will change because of a change in price? A. Demand at all price levels B. Equilibrium demanded C. Supply at all price levels D. Quantity supplied

📝 Answered - Select all the reasons most planners advise people to contribute as much as possible to a Keogh or 401(k) plan. A. Contributions reduce adjusted gross income and therefore reduce taxes. B. Increased value accumulates on a tax-free basis until funds are withdrawn. C. Early withdrawals are penalty free if spent on living expenses. D. Withdrawals are tax free upon retirement.

📝 Answered - Business XYZ has the following projected budget and actual budget for a given month: | | Budget | Actual | | -------- | --------- | --------- | | Payroll | $30,000 | $29,000 | | Inventory | $13,000 | $13,800 | | Rent | $8,000 | $7,700 | | Services | $5,000 | $4,750 | Calculate the percent change that Inventory is over budget. $\Delta=[?] \%$