Which of the following is an example of a short-term goal?
a. increase your yearly income within two years
b. save money for retirement
c. save money to buy a car
d. add $200 to your savings account by the end of the year

Answers

Answer 1

Assuming your retirement is more than 2 years away, and that your car purchase is not before the end of the year, the shortest-term goal of those listed is ...

... d. add $200 to your savings account by the end of the year

_____

As a teenager, "short term" may be a matter of a week or two. As a middle-aged adult, both your life-lived and life-expectancy are somwhat longer, so "short-term" can be somewhat longer as well. In old age and failing health, "short-term" may again be a matter of a few weeks at most. Such concepts are tempered by perspective.


Related Questions



According to broken windows theory, which is a reason why residents of a neighborhood are not likely to report crimes they witness?
A.
They think that the police will not take adequate action.
B.
They think it is none of their business to interfere in other people’s problems.
C.
They are afraid of becoming targets.
D.
They think the victim deserves to be targeted.

Answers

The answer is C. They are afraid of becoming a target.

The answer is Cthey are afraid to become targets.

The expression 20L + 25G – 10 calculates the number of dollars that the ABC Lawn Company makes from mowing L lawns and raking G gardens. How many dollars does the company make from raking 444 gardens and mowing 333 lawns?

Answers

Substituting the numbers given in the problem statement into the formula, we get ...

... dollars made by ABC Lawn Co. = 20·333 +25·444 -10 = 6660 +11100 -10 = 17750

From that effort, the lawn company makes $17,750.

_____

Perhaps you intend that the company mowed 3 lawns and raked 4 gardens. In that case the amount of money made was ...

... 20·3 +25·4 -10 = 60 +100 -10 = 150 . . . dollars

**FINANCE** Indicate whether the variance is favorable (F) or unfavorable (U).
Budgeted Income Amount $500.00
Actual Amount $400.00

Answers

When actual income is less than the budgeted amount, the variance is ...

... (U) unfavorable.

_____

In most cases, it is a favorable situation to have more income than planned for. On the other hand, if you planned on spending the budgeted amount, but your income fell short, you end up in quite an unfavorable situation.

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