BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the primary reason for writing a budget?
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To calculate net income
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To calculate taxable income
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To study past spending habits
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To help allocate future income
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Explanation:
Detailed explanation-1: -Budgeting ensures you’re not spending more than you’re making, allowing you to plan for short-and long-term expenses. It’s an easy, helpful way for people with all types of income and expenses to keep their finances in order.
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