What is the main purpose of a budget? - SchoolNGR

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What is the main purpose of a budget?

What is the main purpose of a budget?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A To track past spending
B To forecast future revenues andEXP#enses
C To record daily trANS#actions
D To manage employee salaries
E To plan marketing campaigns

Correct Answer: Option B

Explanation:
A budget is used to forecast future revenues andEXP#enses.

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