ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is NOT one of the benefits of budgeting
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Planning ahead
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Knowing the future will always be correct
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Creating early warning system
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Motivating personnel
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Explanation:
Detailed explanation-1: -Answer and Explanation: The correct answer is B. Provides assurance that accounting records are in accordance with generally accepted accounting principles.
Detailed explanation-2: -The correct answer is option D. Preventing net operating losses is not a part of budgeting.
Detailed explanation-3: -Helps You Work Toward Long-Term Goals. Can Keep You from Overspending. Can Make Retirement Saving Easier. Helps You Prepare for Emergencies. Can Reveal Spending Habits. The Bottom Line.
Detailed explanation-4: -Gives you control over your money. Helps you focus on your financial goals. Keeps you on top of what you’re spending. Makes it easier to stay aware of your savings and debts. More items
There is 1 question to complete.