A Budget is developed based on historical information, forecasted information an

Question

A Budget is developed based on historical information, forecasted information and assumption for other factor that may have an effect on the Budget.   

Marianne Estes is applying for a scholarship that will pay ALL school related expenses for one entire academic year.

2 pts 1.) Prepare a budget for her to use in the application.

A Budget was prepared for a total of $15,000.
1 pt    2.) Which is the desired outcome select one –a) To be under budget b) To be over budget c) To come in at $15,000… right on budget.
2 pts 3.) Give two reasons for your selection.

Explanation / Answer

To be under budget

the fees should be less than the budgeted amounted as he will be able to meet all the expenses

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.