Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. gilles and catherine, both recent university gradu

Gilles and Catherine, both recent university graduates, are building their first financial plan. Their most...

60.1K

Verified Solution

Question

Accounting

Gilles and Catherine, both recent university graduates, are building their first financial plan. Their most important goal is to purchase a house in 4 years. Their plan calls for a 50% saving ratio to accumulate the $150,000 down payment by investing in term deposits. Which element of developing SMART goals have they not met?

  1. The goal is not measurable.
  2. The goal is not time bound.
  3. The goal is not realistic.
  4. The goal lacks an action plan.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

“I don’t like statistical tests,” Ben says grumpily. “There’s so much chance for error, especially Type...

Statistics
Q

3. Which of the following microscopes would you use if you wanted to observe a living Paramecium from a...

Biology
Q

how did the natives responded to the growth of the British colonial population and movement west...

Psychology
Q

Pearl Corp. is expected to have an EBIT of $2,800,000 next year. Depreciation, the increase in...

Finance
Q

The curves r t 4t t t and r t sin t sin 2t 5t...

Calculus
Q

The graph of the boundary equations for the system of inequalities is shown with the...

Algebra
Q

In June, one of the processing departments at Football Corporation had beginning work in process...

Accounting
Q

Pittsfield Sound Center pays $340,000 for a group purchase of land, building, and...

Accounting
Q

Accounting type Question: Which is not included in current liability- A....

Accounting
Q

Cullumber Corporation sells three different models of a mosquito zapper. Model A12 sells for $53...

Accounting
Q

The present value of a perpetuity is equal to Constant cash flow Rate of return

Finance
Q

Lights, Camera, and More sells filmmaking equipment. The company offers three purchase options: (1) pay...

Accounting