A Personal Balance Sheet Summarizes

question 40

Multiple Choice

A personal balance sheet summarizes

• A)income,expenses and net worth.
• B)cash inflows,outflows and net worth.
• C)assets,net worth,and income.
• D)assets,liabilities,and net worth.

---

Definitions:

Significant Achievements

Important or notable successes, accomplishments, or milestones reached by an individual, group, or organization.

Sophisticated

Reflecting a high degree of complexity, refinement, or development, often in technology, art, tastes, or mannerisms.

Combine Sentences

The process of joining two or more sentences into one, often to improve clarity and flow.

Stand Alone

Refers to something that is complete in itself and does not require support or association with other things to function or be understood.