__________ Refers to the Field of Management That Specializes in the Physical

question 156

Short Answer

__________ refers to the field of management that specializes in the physical production of goods or services.

Know the taxation aspects of personal and business income, including deductions and allowable contributions.

Understand the basics of personal financial planning, including budgeting and managing income.

Identify the components and importance of a personal balance sheet.

Recognize the significance of savings ratio and how to calculate it.

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Definitions:

Hydrothermal Rock

A rock that precipitated directly from hot water, either at depth or on the surface.

Metamorphic Rock

A rock changed in the solid state by temperature, pressure, deformation, or chemical reactions that modified a preexisting rock.

Magma

Molten rock, which may or may not contain some crystals, solidified rock, and gas.

Hydrothermal Rock

Rock formed from the alteration of pre-existing rock by mineral-rich hot water.