Your Friend Has Prepared His Monthly Budget And Asks You If He Has Overlooked Anything In This Planning. Which Of The Following Questions Points Out His Most Serious Omission?

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Your Friend Has Prepared His Monthly Budget And Asks You If He Has Overlooked Anything In This Planning. Which Of The Following Questions Points Out His Most Serious Omission?. Your friend should adjust the budget to allocate a portion of income towards building an emergency fund. Which of the following questions points out his most serious omission?

SOLVED Your friend has prepared his monthly budget and asks you if he
SOLVED Your friend has prepared his monthly budget and asks you if he from www.numerade.com

The most serious omission in the friend's budget is the lack of a contingency plan for unexpected, large expenses. To identify the most serious omission in your friend's monthly budget, we need to consider which aspect of budgeting is crucial and typically has a significant impact if overlooked. Your friend has prepared his monthly budget and asks you if he has overlooked anything in this planning.

Which Of The Following Questions Points Out His Most Serious Omission?


Your friend should adjust the budget to allocate a portion of income towards building an emergency fund. Planning for the possiblity that your home might get struck by lightning and catch on. Which of the following questions points out his most serious omission?

To Determine If Your Friend Has Overlooked Anything In His Monthly Budget, We Need To Consider Both The Cash Inflows And Outflows And Calculate The Net Cash Flow.


Your friend has prepared his monthly budget and asks you if he has overlooked anything in this planning. To identify the most serious omission in your friend's monthly budget, we need to consider which aspect of budgeting is crucial and typically has a significant impact if overlooked. Which of the following questions points out his most serious omission?

Your Friend Has Prepared His Monthly Budget And Asks You If He Has Overlooked Anything In This Planning.


Thus, the most relevant question that deals with a budget overlook is not about losing stock income, going to the doctor, increased electric bill but option d. The most serious omission in the friend's budget is the lack of a contingency plan for unexpected, large expenses. Prioritizing this over discretionary spending like recreation will.

Your Friend Has Prepared His Monthly Budget And Ask You If He Has Overlooked Anything In This Planning.


Options a, b, and c represent relatively small, manageable. Your friend has prepared his monthly budget and asks you if he has overlooked anything in this planning.

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