Question 15(Multiple Choice Worth 4 points)
(01.09 MC)
Why is creating a budget for an entire year usefu
Most bills are paid annually or only every few months and would be left off a weekly budget.
It can account for irregular expenses like new shoes, so the budget would be more accurate.
O Salaries are paid annually, so the budget should match the timeframe of the paycheck.
O Certain expenses are variable, so it is impossible to budget them with a shorter timeframe.

Question

jsereda17 jsereda17

02-06-2022
Business

contestada

Question 15(Multiple Choice Worth 4 points)
(01.09 MC)
Why is creating a budget for an entire year usefu
Most bills are paid annually or only every few months and would be left off a weekly budget.
It can account for irregular expenses like new shoes, so the budget would be more accurate.
O Salaries are paid annually, so the budget should match the timeframe of the paycheck.
O Certain expenses are variable, so it is impossible to budget them with a shorter timeframe.

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ogorwyne ogorwyne · Answer 1 · 2022-06-08T12:12:11+02:00

The reason why it is useful to create a yearly budget is that Certain expenses are variable, so it is impossible to budget them with a shorter timeframe.

What is a budget?

This can be defined as the estimation of the income that a person has and the expenditures they have over a period of time.

Budgets are useful because they help to match the expenditures such as cars and housing which can nit be taken care of by a weekly budget.