savings should be treated as another type of

Question – savings should be treated as another type of:

Answer-

After all sales-related expenses have been taken out, the remaining earnings are referred to as net income. Following the allocation of all other expenses required to maintain life, the income bearer will fully begin to save. Savings is the act of holding money for use in the future; it does not include paying for an item or service up front. The correct response is consequently net income, or income after all expenses.

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