Question

A check register is not a good source of information for budget planning purposes.

True
False

Answer 1

The answer is false.

Explanation:

A check register is not a good source of information for budget planning purposes. This is false.

Rather a check register is a general ledger representation of all the transactions of a company on any person. This is not used for budget and planning purposes.

Answer 2

The statement that a check register is not a good source of information for budget planning purposes is false. In contrast a check register, which is a record of transactions in a checking account is a good source for budget planning because you can see how much money you spent on which transaction and you can plan your money properly.