Soraya Is Trying to Avoid Running Out of Money Every

question 24

Multiple Choice

Soraya is trying to avoid running out of money every month.She has asked her employer to deposit her paycheck directly into her bank account.She has also cut back on expenses by eating out just once a week,driving her car as little as possible,and limiting visits to her favorite coffee shop.She has also put all discretionary purchases on her credit card so that she can pay for everything at the end of the month.What do you think she should do to avoid running out of money every month?

• A)She should eat out less.
• B)She should drive more and spend less on public transportation.
• C)She should have her paycheck mailed to her so she can deposit it herself.
• D)She should not use her credit card so much,but instead rely more on cash purchases.

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Definitions:

Buildings

Fixed assets used for business operations, representing a significant financial investment and appearing as long-term assets on a company's balance sheet.

Land

An asset representing the ground or property not intended for sale in the regular course of business, often used in operations or investment.

Ordinary Maintenance

Refers to the routine upkeep and repair of equipment or facilities to ensure their continued operation and prevent major breakdowns.

Asset Improvements

Enhancements or modifications to an asset that increase its value or extend its useful life, often capitalized and depreciated over time.