GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A cash flow plan that assigns an expense to every dollar of your income, wherein the total income minus the total expenses equals zero
A
Zero-Based Budget
B
cash flow system
C
line item budget
D
sinking fund
Explanation: 

Detailed explanation-1: -Zero-Based Budget: A cash-flow plan to assigns an expense to every dollar of your income; the goal is for the total income minus the total expenses to equal zero.

Detailed explanation-2: -A cash flow budget is a budget that provides an overview of cash inflows and outflows during a specified period of time. This is often called the cash flow, or the cash budget.

Detailed explanation-3: -A budget is a plan for managing income and expenses over a set time frame. There are different types of budgets you can use to manage your money. Budgets can help you track spending and live within your means.

Detailed explanation-4: -A budget is an itemized list of income and expenses within a set period of time. It can be used as a personal guide on what money you have coming in and where it goes when it is spent.

There is 1 question to complete.