Which two things does a budget compare?
A.Saving and interest
B.Income and expenses
C.Income and investments
D.Expenses and expenditures
B?
Which of the following is a true statement about budgets?
A.They encourage people to spend as much money as possible
B.Setting up a budget will allow you to earn more money
C.The idea behind keeping a budget is to spend exactly as much as you earn
D.They allow people to track how and where their money is spent
D?
I AGREE
income and expenses
Thanks
yea
For the first question, the correct answer is B. A budget compares income and expenses. To determine the answer, you need to understand what a budget is and what it helps you track. A budget is a financial plan that helps you manage your income and expenses. By comparing your income (money you earn) with your expenses (money you spend), you can determine if you are spending more than you earn or if you have any money left over to save.
For the second question, the correct answer is D. Budgets allow people to track how and where their money is spent. To determine the answer, you need to understand the purpose and benefits of keeping a budget. Setting up a budget helps you gain control over your finances and make informed decisions about your spending. By tracking your expenses, you can identify areas where you may be overspending, set financial goals, and make adjustments to your spending habits. This allows you to have a clear picture of where your money is going and make necessary changes to achieve your financial objectives.
I agree.
A.
D.