Which of the Following Goals Would Be the Easiest to Implement

question 32

Multiple Choice

Which of the following goals would be the easiest to implement and measure?

• A) Invest $2,000 a year for retirement.
• B) Reduce our debt payments.
• C) Save funds for an annual vacation.
• D) Save $100 a month to create a $4,000 emergency fund.
• E) Spend less each month.

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Definitions:

Average Cost Method

An inventory costing method where the cost of goods sold and remaining inventory is calculated based on the weighted average of all purchases.

Tennis Rackets

Sporting equipment consisting of a handle and a frame with tightly interlaced strings, used for striking tennis balls.

Balance On Hand

The amount of cash or resources available in an account at any given time.

Units Out

The quantity of products sold or distributed from inventory over a specific time period.