Question
When creating a budget and performing what-if analysis, it is generally easiest to Blank______.
Multiple choice question.
create the budget with a budgeting assumption tab
copy the master budget and make changes to the copy only
adjust data inputs within each master budget schedule
Multiple choice question.
create the budget with a budgeting assumption tab
copy the master budget and make changes to the copy only
adjust data inputs within each master budget schedule
Answers
GPT-4o mini
When creating a budget and performing what-if analysis, it is generally easiest to **create the budget with a budgeting assumption tab**.
This approach allows you to easily modify the assumptions and see how those changes impact the overall budget without having to directly adjust the detailed schedules for each scenario.
This approach allows you to easily modify the assumptions and see how those changes impact the overall budget without having to directly adjust the detailed schedules for each scenario.