For purposes of annual budgeting,it is better to
A)express goals very broadly to allow for flexibility.
B)ignore goals altogether and focus instead on savings.
C)express income goals concretely and expense goals broadly;this usually assures adequate savings.
D)express all goals concretely,which then reduces all goals to yearly consumption and savings targets.

Question

Quizplus · Accepted Answer

Expressing all goals concretely helps in creating a detailed and actionable plan for both consumption and savings, making it easier to track progress and make adjustments as needed. This approach ensures that all aspects of the budget are considered and aligned with the individual's or organization's financial objectives.

For Purposes of Annual Budgeting,it Is Better to