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According to Anne-Lyse Wealth, what is the first step in attaining wealth?

• Believing that you don't deserve wealth

• Believing that wealth is not accessible to you

• Believing that you are not worthy of wealth

• Believing that wealth is accessible to you

Which of the following would be included in the financial accounts but may be excluded from the cost accounts?

• Direct material costs

• Depreciation of storeroom handling equipment

• Bank interest and charges

• Factory manager’s salary

What mindset does Anne-Lyse Wealth suggest is crucial for building a successful financial future?

• Understanding that wealth can be created through effort

• Assuming that wealth is a finite resource

• Believing that financial education is unnecessary

• Thinking that wealth is only for the lucky

Which of the following expenses is typically considered a fixed cost in financial planning?

• Sales commissions

• Utility bills

• Raw material purchases

• Lease payments for office space

According to financial experts, what is a common mistake people make when budgeting?

• Overestimating income

• Underestimating fixed expenses

• Ignoring variable costs

• All of the above