Web Analytics
Answered

Which answer best completes the following sentence: On both the national and personal level, a budget is (3 points)


a good idea but too time consuming and troubling


based on an unknown and unpredictable list of expenses


only needed if there is a history of shortages


needed to ensure spending does not exceed income

Verified Answer :

churchlilly

needed to ensure spending does not exceed income

dubeyshailja64

A budget refers to something needed to ensure that spending does not exceed income. Thus, the correct is D.

What is a Budget?

A budget is the planning and allocation of funds utilized for future purposes. This will help to control the expenses to the limit to avoid any wastage. This can be beneficial for individuals, organizations, and nations.

It helps to define the limits to make sure that the expenses do not exceed income. This will introduce the habit of saving with minimum wastage and provide stability in financial position. This will help to achieve the personal goals by evaluating the spending caused.

Therefore, the correct option is D that which the budget ensures spending does not exceed income.

Learn more about Budgets, here:

https://brainly.com/question/18803390

#SPJ2

Related Questions