Q.Assertion (A) : A family budget is a way of detailing future expenses under different headings. Reason (R) : It helps them to live within their income. Code :
Correct answer: Both (A) and (R) are correct
Explanation
Budgeting is a dynamic process. Budgeting is a way for deciding expenditure taking into account for future income. Budgeting is also significant for the family because it serves as an approach to other problems and helps the family to live within their income.
Budgeting is a dynamic process. Budgeting is a way for deciding expenditure taking into account for future income. Budgeting is also significant for the family because it serves as an approach to other problems and helps the family to live within their income.