Among Other Things,a Well-Planned Budget

question 65

Multiple Choice

Among other things,a well-planned budget

• A)forces you to choose among competing activities.
• B)plans for savings of at least 20% of your after-tax income.
• C)must include many categories of income and expense items.
• D)assures a positive savings each month.

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Definitions:

Neandertals

An extinct species of archaic humans that lived throughout Europe and parts of Asia until about 40,000 years ago, known for their robust physical characteristics and cultural complexity.

Homo Erectus

An extinct species of hominid that lived throughout most of the Pleistocene geological epoch, known for being one of the first early humans to have human-like body proportions.

Genetic Ancestry

The lineage or descent traced through genes, often used to understand evolutionary relationships and individual ancestry.

Homo Habilis

A species of early human known for its use of simple stone tools, considered one of the earliest members of the genus Homo.