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Subjects
Class 11Home ScienceWork, Livelihood and CareerWork, careers and livelihoodEasyLevel 5

Why is keeping records of income and expenses good?

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Answer and explanation

Correct answer: To plan budget and savings

Keeping records makes financial planning easier. In exams connect record keeping with financial literacy.

Tags

record-keepingbudgetfinancial-literacy

Frequently asked questions

What is the correct answer to this question?

To plan budget and savings

Why is this the correct answer?

Keeping records makes financial planning easier. In exams connect record keeping with financial literacy.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

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