BUISENESS MANAGEMENT
RECORD KEEPING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is a way for you to manage your money by keeping track of items you spend money on during a period of time.
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budget sheet
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budgeting
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recordkeeping
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None of the above
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Explanation:
Detailed explanation-1: -Expense tracking makes you aware of how much you’ve already spent and how much more you can spend in each budget category. Being aware of the amount of money you have at all times can help you cut unnecessary costs.
Detailed explanation-2: -Personal budgets apply to how you spend your personal income. Typical budget categories might include housing, utilities, groceries, and transportation. For a personal budget, most people try to reduce debt such as loans and credit cards, and may emphasize saving for retirement or emergency funds.
There is 1 question to complete.