Multiple Choice
Which of the following statements is not true concerning the monthly income and expense plan?
A) Each month's expenses are planned not to exceed the month's income.
B) The year's expenses and income are detailed by each month.
C) Some monthly allocations are made by simply dividing the annual estimate by 12.
D) It may indicate the need for effective cash management.
Correct Answer:
Verified
Correct Answer:
Verified
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