Shelly and Steve are house flippers. They remodel old homes and sell them. They create a budget and try to stick with it so they don't go over the original plan. This is an example of what?

A. Preplanned budget
B. Unfortunate events
C. Unexpected expenses
D. Poor planning

Shelly and Steve's situation exemplifies the concept of unplanned expenses . Despite creating a budget, unforeseen costs can arise during their house flipping projects, leading to potential setbacks.

Unplanned expenses can include additional purchases that were not originally accounted for in the budget, such as unexpected repairs or material costs.

To mitigate the impact of unplanned expenses, Shelly and Steve might need to be flexible in their planning and allow for contingencies within their budget.

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Shelly and Steve are house flippers. They remodel old homes and sell them. They create a budget and try to stick with it so they don't go over the original plan. This is an example of what?A. Preplanned budgetB. Unfortunate eventsC. Unexpected expensesD. Poor planning

Answer :

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Other Questions

Shelly and Steve are house flippers. They remodel old homes and sell them. They create a budget and try to stick with it so they don't go over the original plan. This is an example of what?

A. Preplanned budget
B. Unfortunate events
C. Unexpected expenses
D. Poor planning