Which one of the following statement best describes what a budget is ?
A.A method of figuring out the inflation rate.
B.An organized plan for spending money
C.A way to keep people from really enjoying life.
D.A plan for saving money.
i got C what do you think?
is it b the right answer ?
Good heavens, no!
http://dictionary.reference.com/browse/budget
Please copy and paste the definition here.
an estimate, often itemized, of expected income and expense for a given period in the future.
2.
a plan of operations based on such an estimate.
3.
an itemized allotment of funds, time, etc., for a given period.
4.
the total sum of money set aside or needed for a purpose: the construction budget.
5.
a limited stock or supply of something: his budget of goodwill.
Thank you.
The first definition should tell you the answer to your question.
No, it's not D.
A budget is a plan for spending money. It takes a person's income and plans how much money to spend on housing, food, clothes, extras, and savings. Following a budget makes sure that a person doesn't spend more money than s/he earns.