When Estimating Expenses for a Budget

question 26

Multiple Choice

When estimating expenses for a budget,

• A) last month's and last year's expenses are not a good starting point.
• B) many of the same expenses do not occur each month.
• C) large unusual expenses such as car or hospital bills should be included.
• D) estimating your future assets is a good starting point.

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Definitions:

Allison WT

A model or series of automatic transmissions designed by Allison Transmission, commonly used in heavy-duty vehicles and equipment, known for durability and performance.

Planetary Gearset

A gearset consisting of three elements: a sun gear, planetary carrier (containing three or more planetary gears), and a ring gear (annulus). The three separate elements intermesh, and the hold/release status of each determines the output ratios. Also known as an epicyclic gearset.

Stationary Member

A component of a mechanical system that remains fixed in position while other parts move around or relative to it.