What is the term for a detailed schedule that documents expected financial inflows and outflows in order to determine your net inflow or outflow?
A)discretionary forecast
B)dividend
C)budget
D)credit history

Question

Quizplus · Accepted Answer

A budget is a detailed schedule that documents expected financial inflows and outflows, taking into account both planned and unplanned expenses, in order to determine your net inflow or outflow. The purpose of creating a budget is to help you manage your money better, by enabling you to see where your money is going and identify areas where you can cut back or increase spending.

What Is the Term for a Detailed Schedule That Documents