All the following are correct about the accrued interest on municipal bonds EXCEPT that it is: (A) Added to purchase price (B) Computed from the last interest payment date through the date prior to the settlement date (C) Always less than the full coupon payment (D) Used in determining the offering price of a municipal bond

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.