ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Credit
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Investment
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Budget
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Interest
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Detailed explanation-1: -SOLVED: A record of income and expenditures for a given period of time is called a/an: Interest Budget Credit Investment.
Detailed explanation-2: -An income statement is a financial statement that shows you the company’s income and expenditures. It also shows whether a company is making profit or loss for a given period.
Detailed explanation-3: -Financial statement of the year.
Detailed explanation-4: -An income and expenditure budget for a project (or a program, or a whole organization), will show: the anticipated costs (expenditure), and funding (income) to cover those costs, for a specified period of time.
Detailed explanation-5: -BUDGET: A record of income and spending and a plan for managing money. DISCRETIONARY INCOME: Money available to spend on goods and services that are not essential.