Question

Which of the following information is needed when creating an effective budget?(1 point)
Responses

gross income, variable income, fixed income, and savings
gross income, variable income, fixed income, and savings

gross income, variable expenses, fixed expenses, and savings
gross income, variable expenses, fixed expenses, and savings

net income, variable expenses, fixed expenses, and savings
net income, variable expenses, fixed expenses, and savings

net income, variable income, fixed income, and savings

Answer 1

The correct answer is: net income, variable expenses, fixed expenses, and savings.