When Creating a Budget, Which of the Following Statements Is

question 50

Multiple Choice

When creating a budget, which of the following statements is true?

• A) Include in income the bonuses and gifts you expect to receive.
• B) It is easier to create a budget if your earnings vary by season.
• C) Common financial problems can be maximized through budgeting.
• D) Numbers in the budget are estimates.
• E) It is better to overestimate your income for next year.

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Definitions:

Edmund Blunden

Edmund Blunden was an English poet, author, and critic, best known for his poetry that detailed his experiences in World War I and the English countryside.

World War I

A global conflict mainly involving European powers that lasted from 1914 to 1918, also known as the Great War, marked by trench warfare and the extensive use of chemical weapons.

Haunted

Refers to being visited or inhabited by ghosts or spirits.

Great War

is another term used for World War I, a global conflict that took place mainly in Europe from 1914 to 1918.