Your income less your expenses over the previous period represents
A)your contribution to savings
B)your net worth.
C)the reduction in your net worth.
D)your total savings.

Question

Quizplus · Accepted Answer

Your income less expenses over the previous period represents the amount of money you have available to save, invest or use for other financial goals. Therefore, the best choice is A- your contribution to savings.

Your Income Less Your Expenses Over the Previous Period Represents