Budgets can be used as guidelines for counting and recording income and expenditures; many fiscal and other public-policy functions can also be served through budgeting, including

Question

Quizplus · Accepted Answer

Budgets can serve many functions, including keeping a ledger of financial transactions, revealing information about government spending, outlining statements of financial intent, and providing estimates of anticipated income and expenditures. Therefore, all of the above options are correct.

Budgets Can Be Used as Guidelines for Counting and Recording