Which Would Be the Least Effective Way to Manage Expenses

question 44

Multiple Choice

Which would be the least effective way to manage expenses when travelling internationally?

• A)Credit card
• B)Money orders
• C)Traveller's cheques
• D)Debit card

Comprehend the fundamentals of break-even analysis in project financial planning.

Understand the importance of strategic alignment with stakeholders and adapting to competitive environments in project outcomes.

Understand the importance of setting long-term goals for effective short-term time management.

Recognize the importance of managing energy for academic success.

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Definitions:

Undeposited Funds

An accounting term referring to payments received but not yet deposited in a bank account.

Accounts Receivable

Balances due to a company for goods or services delivered or used but not yet paid for by customers.

Customer Payments

Monies received from customers as payment for goods or services provided by a business.

Subchapter S Corporation

A type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.