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Question 6 (1 point) You should reassess your budget at least once a week. Quest

ID: 2825039 • Letter: Q

Question

Question 6 (1 point)

You should reassess your budget at least once a week.

Question 7 (1 point)

You should have at least one full year’s worth of data on incomes and expenditures to see

seasonal variations.

periodic items.

monthly averages.

a. and b.

a., b., and c.

Question 8 (1 point)

Once set, budgets should be followed without deviation.

Question 9 (1 point)

A comprehensive budget includes projections of

recurring incomes and expenses.

non-recurring expenditures.

non-recurring income.

a. and b.

a., b., and c.

Question 10 (1 point)

The budget process is a recursive process that begins and ends with defining or redefining goals.

True False

Explanation / Answer

Question 6 : True Question 7 : a, b and c Question 8 : True Question 9 : a. and b. Question 10 : True

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