213k views
2 votes
According to this lesson a family can plan a budget by dividing their anticipated expenditures into several major categories. True False

2 Answers

4 votes
the answer would be true.
User Tan Viet
by
8.6k points
5 votes
The statement above is TRUE.
The monthly anticipated expenditure of a family can be grouped into several major categories and amount of money to be spend on each expenditure can be pre-determined. This is called budgeting and it helps a family to maximize their money and to practice saving money.
User Andymcgregor
by
8.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.