Which of the following is excluded from an individual's cash budget?
A)wages and salary
B)retirement account
C)social security tax payments
D)alimony

Question

Quizplus · Accepted Answer

A cash budget typically includes items that directly impact an individual's cash flow, such as wages, taxes, and alimony. Retirement accounts, however, are considered investments and savings, not direct cash inflows or outflows, and are therefore excluded.

Which of the Following Is Excluded from an Individual's Cash