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Question
The income of a family from different sources can be listed under ______ and ______ headings.
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Solution
The income of a family from different sources can be listed under assured and possible headings.
Explanation:
Assured income refers to predictable and guaranteed financial inflows that a family can reliably expect, such as a fixed monthly salary, government pensions, or fixed interest from bonds. In contrast, possible income includes variable or uncertain funds that depend on specific conditions, such as yearly business profits, investment returns, or seasonal performance bonuses.
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