What is the best definition of earned income answers com

Asked by admin @ 28/10/2021 in Business viewed by 276 People

Words

to know
Match each word with its best definition.
budget
the cost of using one resource over
another
opportunity cost
a plan that balances available resources
and expenses
risk
an individual's assets and management
of them
personal finances
the chance or possibility of loss
income
money earned
) Intro
Done

Answered by admin @ 28/10/2021

Answer:

See below

Explanation:

1. Budget: A plan that balances available resources and expenses.

A budget shows how an institution or individual plans to use its resources to make profits. It details planned activities, their expenses, and expected returns. A budget shows the profits or losses a business is expecting at the end of a financial period.

2. Opportunity cost: The cost of using one resource over another

Opportunity cost is the forgone benefit that results from preferring one option. It is expressed as a value that is equivalent to the cost of the next best alternative.

3. Risk : The chance or possibility of loss

Risk is the probability of incurred losses or injury should things not work out as expected. Financial risk involves the possibility of suffering losses if the market does not move in the direction that the investor was expecting.

4. Personal Finance: An individual's assets and management of them.

Personal finance involves creating personal financial goals and making plans on how to achieve them. The individual making plans has to consider his current and future income versus the expected expenses. Personal finance helps an individual to be financially prepared for the future.

5. Income: Money Earned

Income is money received as compensation for engaging in economic activity. It is a reward from a revenue-generating activity such as employment or business. Income is money inwards; it is contrasted by expenditure, which is money outwards.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2747 persons

What is the best definition of earned income answers com

Similar Questions

Which of the following is an electrolyte solution answers com

What is the best definition of a progressive tax system

A tax on what is an indirect tax answers com

What type of tax is a sales tax answers com

What is the difference between earned income and unearned income

Which of the following best matches the definition of psychology

Which is the best definition of the term magic realism

Which of the following is the best definition of fermentation

Which of the following is the best definition of federalism

Income earned from other than routine activities is called

Be the best poem 8th standard question and answer

Which of the following is the best definition of speed

Which of the following is the best definition for allegory

The earned income credit is one alternative to a0 controls

What is the relationship between ph and poh answers com

Most viewed questions in Business

Foolproof module 9 test answers

Interest rates are expressed as a percentage of

How to enhance knowledge regarding environmental factors through capsim?

Match the job titles with the career clusters.

A company that allows you to license software

Lupe is ready to open a checking account

Mays and mccovey are beer brewing companies

What must be marked on ready to eat bags phfs

Coq six sigma

Henry ford was the first entrepreneur to implement which strategy

Your company was recently served with a lawsuit

Case study starting a business project schedules and curves edgenuity

Which two of the four cs of credit have to do with earning potential and available cash?

The total annual expenditures on advertising in the united states