The components of money management activities are:
A)Sorting, Creating personal financial statements and implementing a budget
B)Balancing incomeswith expenses
C)Saving for retirement
D)Balancing currentspending with the opportunity cost

Question

Quizplus · Accepted Answer

Money management activities involve sorting out expenses and income, creating personal financial statements, and implementing a budget to allocate funds effectively. While options B, C, and D are also essential money management activities, they do not represent the complete range of components involved.

The Components of Money Management Activities Are