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QUESTION 11 What is a household budget? An Informal budget that lists expenses but not sources of revenues A formal budget that reflect all categories
QUESTION 11 What is a household budget? An Informal budget that lists expenses but not sources of revenues A formal budget that reflect all categories of household expenditures An informal budget that the household uses to manage cash flows A budget that is used to purchase a home None of the above QUESTION 12 Which of the following is not a common risk management approach? Avoid risk Reduceri Rainisk Share risk All of the above are common risk management approached
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