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Income from known sources subtracted from the total income gives a reasonable estimate of: a. Unknown funds b. Liabilities c. Living expenses d. Net worth

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zunesyed

Answer:

The correct answer is (a)

Explanation:

Income is generated from known and unknown sources. Generally, it is hard to know the unknown sources from where the income is generated but it is easier to know the amount of income generated from the unknown sources. Likewise, when the amount of income from known sources is subtracted from total income the amount of income from unknown sources can be estimated.

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