What is a benefit of utilizing commercial personal finance software packages such as Quicken®?
A)they automatically complete and file your annual tax return
B)they alert you when interest rates on your credit cards increases
C)they automatically generate reports on income and expenses
D)they develop expense and income timelines

Question

Quizplus · Accepted Answer

Utilizing commercial personal finance software packages such as Quicken® can automatically generate reports on income and expenses, helping individuals track their spending and budgeting. This feature can be particularly helpful in identifying areas where individuals can cut back their spending to save money.

What Is a Benefit of Utilizing Commercial Personal Finance Software