Regardless of income or wealth, setting aside some portion of current income regularly for future use increases the amount of:
A)savings.
B)tax-exempt income.
C)deferred tax.
D)employee benefits.
E)tangible assets.

Question

Quizplus · Accepted Answer

Setting aside a portion of current income regularly for future use directly increases savings, as it involves putting money away that is not spent immediately.

Regardless of Income or Wealth, Setting Aside Some Portion of Current