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A spending plan is also called a budget. 

When managing your spending plan to reduce expenses, look at your ‘needs’ list and see if items can be moved to the ‘wants’ category. Then, ‘wants’ can be targeted for potential places to reduce spending and save money. Which example below is a reasonable way to move a ‘need’ to a ‘want’? 

What is the definition of a TRANSACTION?

Impulse buying is the unplanned and spontaneous purchase of goods or services, often driven by emotions, sudden desires, or external triggers like advertising or attractive displays. It occurs without prior intention or consideration of its impact on budget, needs, or financial goals. Which of the following is an example of impulse buying?

Jeff Bezos’ original business plan for Amazon involved taking orders for books and having the items shipped directly from the publisher to the customer. He modified the plan to include other products such as toys and decided to buy the toys from the producers and ship them from his own warehouse. This modification of the original plan is called a

Which of the following would be considered stakeholders in a business?

Company B reports the following on its balance sheet: Cash: $100,000Accounts Receivable: $150,000Inventory: $200,000Accounts Payable: $175,000Short-term Debt: $125,000 What is Company B’s current ratio?

GreenGrow Farms has cash of $100,000, accounts receivable of $150,000, inventory of $200,000, and current liabilities of $375,000. Calculate its net working capital.

How is a sole proprietorship typically categorized in terms of business scale?

What does the Fixed Asset Turnover Ratio measure?