The expenditure categories for your budget should be determined by:
A) the BLS Urban Family Budget categories.
B) purchased budget book headings.
C) the affordability to meet the expenses.
D) current and expected future spending.
E) itemized tax deductions.

Question

Quizplus · Accepted Answer

It is important to base your expenditure categories on your current and expected future spending, as this will help you stay realistic and accurate in your budgeting. The other options may provide guidance, but they should not be the sole basis for determining your budget categories.

The Expenditure Categories for Your Budget Should Be Determined By