Questions from Personal Finance

Q: Are any of the outlays in preferable to the others? Support

Are any of the outlays in preferable to the others? Support your answer.

Q: When would it be beneficial for the household enterprise to outsource some

When would it be beneficial for the household enterprise to outsource some activities, for example, cooking?

Q: What is TPM and why is it valuable in the framework of

What is TPM and why is it valuable in the framework of household planning?

Q: List some of the advantages and disadvantages of various organizational structures for

List some of the advantages and disadvantages of various organizational structures for the individual.

Q: What does life cycle theory say a household should have in savings

What does life cycle theory say a household should have in savings at the end of its life? Is that practical? Explain your answer.

Q: Define the term opportunity cost of time.

Define the term opportunity cost of time.

Q: What makes the household an enterprise?

What makes the household an enterprise?

Q: In your opinion, which presents results more fairly, finance or

In your opinion, which presents results more fairly, finance or accounting? Explain.

Q: What are reasons that a person may have a poor net cash

What are reasons that a person may have a poor net cash flow yet be considered to be in good financial health?

Q: In working out the capital needs analysis, it became apparent that

In working out the capital needs analysis, it became apparent that there was need for an additional $17,000 of savings annually over what was previously calculated. The first reason had to do with a r...