What are the main purposes of a budget? select three options. to record past income and spending to take out a student loan from the bank to plan future income and spending to apply for a mortgage to balance available resources and expenses

The correct choices are;

to record past income and spending

to plan future income and spending

to balance available resources and expenses  

Budgeting is a fundamentally vital piece of the business arranging process. Entrepreneurs and administrators should have the capacity to anticipate whether a business will make a profit or not. The motivation behind budgeting is essentially to give a model of how the business may perform, fiscally, if certain procedures, occasions, plans are done.  

The purpose of budgeting is to give a monetary structure to the basic leadership process i.e. is the proposed course activity something we have made arrangements for or not.

The main purposes of a budget include the following:

A. To record past income and spending.

C. To plan future income and spending.

E. To balance available resources and expenses.

A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.

Basically, budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The main purposes of a budget include the following:

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glass wants to live in a world of super heroes and villains. he have lived all his life trying to be responsible for the creating the origin story of a super hero; he schemed and caused many incidents (many of them fatal) hoping that someday someone with superpowers would show up and save the day.

he knew himself very much. he saw himself as a villain of a real-life super hero story. he was aware of his strengths (more than smart enough for being manipulative and scheming) and weaknesses (having fragile bones and having to rely on his mind to succeed).

answer; the federal reserve system;