Which of the following is an example of a human resource?

What decision-making strategy weighs the costs against the benefits of an action, purchase, or financial decision?

What is the first step of systematic decision-making?

Forms of communication designed to reach a large number of people refers to:

Food, clothing, and shelter are examples of:

A __________________ is an individual who purchases goods and services for his or her own use.

Moral principles or beliefs that direct a person's behavior are:

A ________________ is the choice you give up when you make one choice over another.

Money paid for the use of money is:

A _____________ is a plan for the use of money over time based on goals, expenses, and expected income.

____________ is any money received, such as allowance, a paycheck, gifts, and gains from an investment.

An ____________ is the cost of goods and services purchased. They can be fixed or variable.

A ____________ expense is a set amount that must be paid each budget period. Examples: rent, mortgage, tuition, insurance, or loan payments.

A _____________ expense is a cost that changes both in amount and time it must be paid. Examples: food, clothing, and entertainment

A discretionary expense is an amount spent for an item that a person could do without.

An ________________ fund is an amount of money that can be easily accessed in case of a job layoff, illness, or unexpected expense.

Social responsibility is behaving with sensitivity to social, environmental, and economic issues. Examples: giving money to a charity or volunteering your time at a shelter or church.

_____________ is the difference between what is owned and what is owed.

A personal financial crisis is a major problem that changes a person or family's lifestyle and future. Examples: job loss, divorce, death, disability, serious illness, and natural disasters.