Which of the following statements is correct? Select answer from the options below Emergency funds...

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Accounting

Which of the following statements is correct? Select answer from the options below Emergency funds can be kept in the form of long-term assets such as equity in one's house. Tracking one's expenses are not necessary if you have exceeded the minimum emergency funds. Emergency funds should represent 12 months of necessary expenses. Tracking one's expenses can help expose routine spending habits that you may have taken for granted

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