Annual Budgets Help in Monitoring and Controlling Income,living Expenses,purchases,and Savings

question 37

Multiple Choice

Annual budgets help in monitoring and controlling income,living expenses,purchases,and savings on:

• A)a weekly basis.
• B)a yearly basis.
• C)a quarterly basis.
• D)a semi-annually basis.
• E)a monthly basis.

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Definitions:

Synergy

A mutually beneficial interaction between parts of an organization that allows it to create something greater than the sum of its individual outputs.

Economic Sense

The rationality or logic underlying financial decisions or policies.

Leisure Time

is time free from work or duties, allowing individuals to engage in recreational activities or rest.

Industrial Productivity

A measure of the efficiency of industrial production, typically evaluated as the output of goods produced by a sector per unit of labor or capital.