For infrequent bills, ___________________________________________________.Which of the following statement is correct?A.one has to put aside the total value of the bills over the year at the begininng of the year and use that reserce to pay the bills when they are due.B.One delays the payment of the bills until one has enough money in the account from the different income.C.one has to put aside an average fortnightly value (calculated over a year if some bills are only once a year) every fortnight and use that reserce to pay the bills when they are due.D.one pays each bill when it is due directly from the income of that fortnight.

C. One has to put aside an average fortnightly value (calculated over a year if some bills are only once a year) every fortnight and use that reserve to pay the bills when they are due.

Step by Step Explanation:

1. The statement is referring to the practice of budgeting for infrequent bills. Infrequent bills are those that do not occur on a monthly basis, such as annual insurance premiums or quarterly utility bills.

2. Option A suggests setting aside the total value of the bills at the beginning of the year. This might not be feasible for everyone, as it requires having a large sum of money available at the start of the year.

3. Option B suggests delaying payment until enough money is in the account. This could lead to late fees or penalties if the money isn't available when the bill is due.

4. Option D suggests paying each bill when it is due directly from the income of that fortnight. This could lead to financial stress if the bill is large and the income for that fortnight is not sufficient to cover it.

5. Option C suggests setting aside an average fortnightly value every fortnight and using that reserve to pay the bills when they are due. This is a good practice as it spreads the cost of the bill over a longer period of time, making it more manageable. It also ensures that the money will be available when the bill is due. Therefore, option C is the correct statement.