A budget is designed to influence behavior so that forecasts or plans for expenditures and revenues can be achieved.

Question

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A budget is a financial plan that outlines expected expenditures and revenues. It is a tool used by businesses, organizations, and individuals to achieve their financial goals. The purpose of a budget is to influence behavior by providing a framework for decision making and prioritizing spending. By setting limits on spending and identifying areas where savings can be made, a budget can help ensure that forecasts or plans for expenditures and revenues are achieved.

A Budget Is Designed to Influence Behavior So That Forecasts