Question
Which statement is true of a household budget?
A. Essential expenses should be reduced.
B. Interest should not be calculated as income.
C. Income should be more than expenses.
D. Variable expenses should be removed.
A. Essential expenses should be reduced.
B. Interest should not be calculated as income.
C. Income should be more than expenses.
D. Variable expenses should be removed.
Answers
GPT-4o mini
The true statement about a household budget is:
C. Income should be more than expenses.
This statement reflects the fundamental principle of budgeting, which is to ensure that your income exceeds your expenses to maintain financial stability.
C. Income should be more than expenses.
This statement reflects the fundamental principle of budgeting, which is to ensure that your income exceeds your expenses to maintain financial stability.