Which of the following is NOT part of a good budgeting process?

Name: Which of the following is NOT part of a good budgeting process?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Treating credit as income is not part of a good budgeting process. Credit should be treated as borrowed money that needs to be repaid, not as income. A good budgeting process involves establishing expected income, ascertaining real costs, estimating the amount of money needed to pay for expenses, and recording expenses on a regular basis.

Which of the Following Is NOT Part of a Good