A personal cash flow statement can serve as the basis for the budget categories used by an individual or family.

Name: A personal cash flow statement can serve as the basis for the budget categories used by an individual or family.
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Question

Quizplus · Accepted Answer

A personal cash flow statement tracks the inflow and outflow of money for an individual or family, making it a useful tool for creating and sticking to a budget. The categories used in the cash flow statement can serve as a starting point for creating budget categories.

A Personal Cash Flow Statement Can Serve as the Basis