A budget:
A)Is required by the I.R.S.
B)Is simply a management tool.
C)Is required by the S.E.C.
D)All of these.
E)None of these.

Question

Quizplus · Accepted Answer

A budget is simply a management tool used by individuals, organizations, and governments to plan and control their spending. While budgets may be required by certain regulatory bodies or agencies, they are primarily used as a tool to achieve financial goals and objectives.

A Budget