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Emma Runs a Salon but Does Not Make Much Profit

Question 29

Multiple Choice

Emma runs a salon but does not make much profit from her business. She likes to go on holidays frequently and spends most of her income on vacations. Emma knows that she needs to cut down on her expenses or it would be difficult to bear the daily expenses in the future. In the context of Emma's budget, her expenditures on vacations can be referred to as _____.


A) obligatory payments
B) statutory payments
C) discretionary payments
D) compulsory payments

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