To Properly Manage Your Money, You Should Use a Credit

question 76

True/False

To properly manage your money, you should use a credit card only if you will have the cash to cover the payment when you receive your credit card statement.

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Definitions:

Financial Ratios

Quantitative measures that are used to gauge the financial health of a business by evaluating its performance and financial condition.

External Benchmarking

The process of comparing an organization's performance, processes, or products against those of leading companies in the same or a different industry to identify best practices.

Financial Targets

Specified goals related to the financial performance of an organization, such as revenue, profits, or return on investment.

Sales Revenues

The total amount of money generated from the sale of goods or services before any expenses are subtracted.