When preparing data for a budget
A) do not be concerned about deadlines for submitting data
B) review expenses from the past year
C) consider any special needs for the coming year
D) both B and C

Question

Quizplus · Accepted Answer

Reviewing past expenses can help identify areas where costs can be cut or where more funds may need to be allocated. Considering any special needs, such as upcoming projects or events, can ensure that the budget is comprehensive and addresses all necessary expenses. Meeting deadlines for submitting data is also important but not directly related to preparing the data itself.

When Preparing Data for a Budget