Buck's Barber Shop plans to earn 80 percent of its income from barbering services and 20 percent of its income from the sale of grooming products.This represents a nonmonetary budget.

Question

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A nonmonetary budget refers to a budget that does not involve financial figures, focusing instead on quantities or other non-financial metrics. The statement describes a monetary budget as it involves income percentages from services and product sales.

Buck's Barber Shop Plans to Earn 80 Percent of Its