The best way to use the budget as a planning tool is to: A) Set...
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Accounting
The best way to use the budget as a planning tool is to:
A) Set up your budget like a balance sheet and treat you planned deposits for meeting your financial goals as a variable expense.
B) Arrange you finances so you'll have the largest surpluses possible at the end of each accounting period.
C) Set the budget up like an income/expense statement and use the accrual method of accounting.
D) Set up the budget like an income/expense statement and use the cash method of accounting.
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