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10 questions from this quiz
A financial plan showing predicted amounts
Budgets show future predictions, statements show past reality
To provide a historical record of actual finances
Total Income−Total Expenses\text{Total Income} - \text{Total Expenses}Total Income−Total Expenses
Reporting results
Provide targets to work towards
Profit decreased by R180
Previous actual, current budget, current actual
Confusing income with expenses
Real amounts that were earned and spent
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