A budget is a
A)purchase plan.
B)line of credit.
C)financial statement.
D)detailed financial forecast.
E)set of personal financial objectives.

Question

Quizplus · Accepted Answer

A budget is a detailed financial forecast that outlines an individual, family, or organization's expected income and expenses over a specific period, typically a year. It helps individuals and organizations plan their spending and ensure they have enough money to cover their expenses and achieve their financial goals.

A Budget Is a