Question

Which one of the following statements best describes a budget "blind spot"?
A. Too little money was set aside to cover an expense.
B. This is an expense the person overlooked or did not account for when setting up the budget.

C. This is an item that requires periodic payments rather than monthly payments.

D. "Blind spot" is another name for Miscellaneous in the list of budget items.

Answer 1

Think of a car and driving. When you're driving the most dangerous part of your vehicle is the blind spot. You can easily see the normal things, road, trees, lights. Normally in finance a blind spot would refer to something that is normal but might not fall into the ordinary columns. For instance, car insurance that is every 6 months insted of every month, or winter fuel that occurs only in the winter.

Answer 2

so whats the answer