Brad and Tori are experiencing marriage difficulties regarding money. One technique to help them control and forecast their future financial situation, as well as allow them to achieve their financial goals, would be to prepare a(n)
A) income statement.
B) balance sheet.
C) budget.
D) asset inventory.

Question

Quizplus · Accepted Answer

A budget will allow the couple to plan for their financial goals (perhaps retirement and college for kids). The budgeting process involves keeping records of expenses that will assist the couple in controlling cash outflows.

Brad and Tori Are Experiencing Marriage Difficulties Regarding Money