What is opportunity cost?
A) The cost of purchasing items on credit and having to pay it off in the future
B) The cost of an alternative that must be forgone in order to pursue another option
C) Spending money today without considering other alternatives
D) Failing to stop the "little leaks" in your budget,which results in failing to meet your financial goals
Correct Answer:
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Q1: Personal property assets,including your clothing,furniture,bicycles,and electronic equipment,should
Q2: Which of the following are reasons for
Q3: The main opportunity cost of going to
Q4: For those who feel saving ANY money
Q5: How quickly an asset can be turned
Q7: Which financial statement allows you to find
Q8: Which of the following does not belong
Q9: What is the second logical step in
Q10: What is a good way to keep
Q11: A personal cash flow statement measures
A)cash inflows
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