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Ch 3 BUDGET -Financial Literacy Flashcards | StudBud
Ch 3 BUDGET -Financial Literacy
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Which of the following statements is false?
A
A budget is a written plan for saving and spending.
B
A cash flow statement summarizes all of the income and exp over pd of time
C
A budget is meant to summarize the saving and spending that has taken place
D
The cash flow statement is reflective of what has already taken place.
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