SHORT ANSWER
Identify two expense savings from combining households.
A. You prepare a budget to ensure that you meet your financial
priorities.
B.
A budget is a plan, whereas a cash flow statement reports
actual cash inflows and outflows.
C. Variable expenses are easier to control.
D.
Rent and utilities are the most obvious savings areas. Savings
in other areas, such as food, gas, and cable television, are also
possible.
E.
Income or spending in some areas might be different than
anticipated or change unexpectedly.
Choose
A
C
D
E
