41
QuizMultiple Choice

N/A — Exam

Question 41 • Personal Finance and Economics

Savings should be treated as another type of

Answer
A
gross income.
B
net income.
C
expenditure.
D
tax.

Explanation

Savings are money set aside from income for future use. In a budget, that money is treated like an expenditure because it is allocated and is no longer available for current spending. So the correct choice is expenditure.

AI-written and checked against the verified answer.

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