Question
Which is a budget used for?
Responses
planning income and expenses
planning income and expenses
keeping track of rising and falling prices
keeping track of rising and falling prices
eliminating opportunity costs
eliminating opportunity costs
helping get a better loan
Responses
planning income and expenses
planning income and expenses
keeping track of rising and falling prices
keeping track of rising and falling prices
eliminating opportunity costs
eliminating opportunity costs
helping get a better loan
Answers
GPT-4o mini
A budget is primarily used for **planning income and expenses**. It helps individuals and organizations allocate their resources efficiently, ensuring they can manage their finances effectively by forecasting income and controlling spending.