Teenee6068 Teenee6068

18-01-2022
Business

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True or False: When estimating income, include amounts that you can control, like bonuses and rental income.

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Parrain Parrain

20-01-2022

In relation to the inclusion of amounts you can control when estimating income, this statement is True.

Estimating income

This involves budgeting the amount of income you can receive in a period.
It is best to include only income that you are sure of.

Including income you can control ensures that your planning is not based on speculation which reduces the risk of you entering financial ruin.

In conclusion, this is True.

Find out more about income planning at https://brainly.com/question/12890843.

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