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retirement planning A+ ;)
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Why is goal setting such an important part of the financial planning process?
The goal setting is an important part of the financial planning process because it will minimize the wastage and misuse of financial resources.
Is a savings account worth the trouble?
A savings account should be a vital part of everyones financial planning. It is good to have separate savings and checking accounts to better prepare for your future.
The development of goals of an organization is part of which element of performance management?
planning
Developing and using budget is part of the obtaining component of financial planning?
yes
What are the indicators of good planning?
Good planning has two componenets: 1) planning and 2) control. Take, for example, a budget. The planning is the budget by category, month, dept. etc. The control is comparing the plan (budget) against the actual cost expended. Then, follow-up should be made with dept. managers or supervisors for applicable areas to indicate the major reason for the discrepencies and either correct the problem or modify the budget. The people making the plan must "own" it, that is they must be part of the planning process and be held accountable for results. It's the old carrot and stick situation. Good behavior is rewarded in some fashion and bad behavior is punished. It's the same in good planning. People, dept.'s, etc. that have good plans, keep them up to date and document them should be rewarded some how. Those that do not should be punished in some way. From Finance and Accounting Director in Las Vegas, NV.
Why is goal setting such an important part of the financial planning process?
The goal setting is an important part of the financial planning process because it will minimize the wastage and misuse of financial resources.
What is an important part of planning an experiment?
An important part of planning an experiment is defining clear objectives and hypotheses. This helps guide the experiment design, data collection, and analysis to ensure relevant and meaningful results are obtained.
How far into the future does the army plan as part of the PPBE planning phase?
3 3.5 years
What became an important part of what?
Everything that happened in the past and is happening in the prsen is an important part of the future.
Is a savings account worth the trouble?
A savings account should be a vital part of everyones financial planning. It is good to have separate savings and checking accounts to better prepare for your future.
Why is the part of project plan important?
Project Planning involves 4 important phases. They are: 1. Planning the Project Scope 2. Planning the Project Resources 3. Planning the Project Schedule 4. Planning Quality & Risk Management Each of these 4 phases is equally important and have a significant impact on the success of the project. No one part can be considered more important than the other as all of them are important for a successful project completion.
Why is collection an important part of the water cycle?
Water needs to be collected for future purposes.Hence, it is an important part.
What are the importance of HRP?
Human Resource Planning is an important and essential part of any business. Without it, a company cannot plan for its future. Not knowing what staffing is necessary keeps a company in the dark about profit and loss.
If planning is so crucial why do some managers choose not to do it?
Managers may choose not to devote time to planning because they do not know how to plan or feel that they do not have the necessary time. Others may say that planning is a waste of time that the future is going to happen whether or not they plan. However, these reasons do not discount the importance of planning. Every manager should engage in planning.
Why is it important to have a pension plan?
Pension plans guarantee money upon retirement, so they are an important part of planning for old age. They can be thought of as ways that an individual transfers their current income towards their future.
Why is the calendar important?
Calendar is an important part of our day to day life. Calendar keeps us informed about the date and future event.
Which one of the following action should become an important part of your study schedule?
which one of the following actions should became an important part of the your study schedule
