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Which of the following is not a type of saving category?

a. emergency/unexpected expenses.
b. near term .
c. variable.
d.  Long term

1 Answer

3 votes

The answer is "c. variable." Emergency/unexpected expenses, near term, and long term are all common types of saving categories. "Variable" is not typically considered a type of saving category, as it does not refer to a specific time frame or purpose for saving. Instead, "variable" may refer to savings that are not earmarked for a specific goal or that may fluctuate in amount depending on changing circumstances.

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User Jess Anders
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