Discretionary expense - Study guides, Class notes & Summaries

EverFi Budgeting Review Questions and Answers | Latest Version | 2024/2025 | Graded A+ What is the primary purpose of a budget? A) To limit spending B) To track income and expenses C) To eliminate all unnecessary purchases D) To save for retirement B) To track income and expenses Which of the following is considered a fixed expense? A) Groceries B) Rent or mortgage payments C) Utility bills D) Entertainment costs B) Rent or mortgage payments What is a variable expense? ...

The main difference between a registered exchange-traded REIT and a registered nontraded REIT is: The type of assets in which they are permitted to invest The types of disclosures they are required to make to investors The amount of liquidity each of the securities has The tax treatment of each of the securities - Correct Answer-The amount of liquidity each of the securities has When selling a security for a customer, all of the following items MUST be included on the sell order ticket, E...

Economics Week 4 Questions and Answers Already Graded A What impact can taxes have on the economy? Higher taxes reduce demand because consumers have less money to spend. What is an argument against the benefit taxation principle? People who earn less money simply cannot afford to pay for some benefits. How are payroll taxes used? They are used for entitlement programs like Social Security. Read the sentence. Some states collect a sin tax on products like alcohol and tobacco. What outcome wo...

According to MSRB rules, to be considered to be "regular way" settlement correct answers Settlement date is trade date plus three business days. Regular way settlement for municipal bond transactions is Trade date plus 3 business days (T+3). Muni Firm has a control relationship with an issuer for which it is distributing a new issue. RR wants to sell some of the securities to a discretionary client but the client cannot be reached. What can the RR do with regard to executing the transaction...

(T/F) Most Collegiate athletic Programs are losing money - Answer-True Continuous building of bigger and better facilities for the sole purpose of landing key recruits. (Salaries, travel, uniforms/merchandise, television/network deals, scholarships) - Answer-Arms Race -NCAA Television Deals (March Madness) -Conference Television Deals (Football, mbb) - Answer-Revenue Distribution Avenues companies pay to associate their products and services with NCAA or conferences - Answer-Corporate Spon...

WGU-C214 Finance Management Exam With 100% Correct Answers 2023 DFN (Discretionary Financing Needed) Projected Total Assets - Projected Total Liabilities - Projected Equity SGR (Sustainable Growth Rate) ROE x (1-Dividend Payout Ratio) CFO (Cash Flow from Operations) Net Income + Depreciation in both Current Assets and Current Liabilities CFI (cash flow from investing activities) Change in P,P&E + Depreciation CFF (cash flow from financing) Change in Equity + Change in L...

Wall Street Prep Redbook Accounting Question and answer 100% correct What are some of the most common margins used to measure profitability? Gross Margin: The percentage of revenue remaining after subtracting just COGS, the direct costs associated with the company's revenue generation (e.g., direct materials, direct labor). Net Profit Margin: The percentage of accrual profitability remaining after all expenses have been subtracted. Unlike operating margin, this measure is impacted by capita...

RECA Unit 4 Quiz Latest Update 100% Pass Which of the following is an example of an encumbrance on the title? 1. An easement 2. A caveat 3. An encroachment agreement 4. A discharge of registration A) Statements I, II, and IV B) Statements I, II, and III C) Statements II, III, and IV D) All statements apply B The municipal Land Use Bylaw outlines which of the following items? A) Details regarding the various land use classifications B) Permitted land uses and guidelines for...

Fundamental Payroll Certification 88 Questions with Verified Answers Spring 2023 2 separate w-3's - CORRECT ANSWER Form 1096 1 consolidated Form w-3 Form 8279 2 separate w-3's general valuation rule - CORRECT ANSWER actual market value actual cash value general valuation rule implied benefit rule employee - CORRECT ANSWER Independent contractor w-4 exempt employee exempt from FLSA $150 - CORRECT ANSWER $0 $150 $165 $210 written authorization -...

CHAPTER 3 TEST REVIEW QUESTIONS AND ANSWERS FOR CCOUNTING 333 2023/2024 Which of the following is a consequence of overdrawing your checking account? - CORRECT ANSWER-All of the above (bounced check fee from the store, stress from money mismanagement, & overdraft fee from your bank) Doing a budget does not: - CORRECT ANSWER-Make overspending more likely Your monthly budget should include: - CORRECT ANSWER-All of the above (variable expenses, discretionary expenses, & fixed expenses)...