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Identify if the following statement is True or False:

A budget should include fixed and variable expenses.

A. True
B. False

Sagot :

Final answer:

A budget should include both fixed and variable expenses, as fixed expenses remain constant while variable expenses fluctuate.


Explanation:

True. A budget should include both fixed and variable expenses. Fixed expenses are monthly costs that remain constant, such as rent or mortgage payments, while variable expenses fluctuate based on needs and wants, like groceries or dining out.


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