Economics · Accounting Principles
A budget is used in accounting for:
- 1Reassessing financial goals
- 2Estimating tax liabilities
- 3Forecasting future income and expenses✓
- 4Managing profit and loss
Correct answer
Forecasting future income and expenses
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Accounting Principles?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Accounting Principles