How does a monthly income and expense plan help in managing your cash and checking account?
Answer to relevant QuestionsExplain how a budget helps achieve effective cash management. How are FICA taxes calculated? Is it possible to overpay them? If your answer is yes, what should you do? What is the personal exemption and how does it differ from the standard deduction? List and briefly explain three fundamental deposits and five other popular types of deposits, ranking them according to availability, safety, and liquidity. Discuss factors that should be considered in choosing a bank.
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