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QUESTION IMAGE

questions to ask when reviewing a budget • include: ◦ was the income ca…

Question

questions to ask when reviewing a budget

  • include:

◦ was the income calculated
◦ are the accurate
◦ are all income and expenses
◦ is the plan based on actual numbers or potential earnings and spending
◦ was the given a fair chance
◦ does the individual need advice
◦ considered ◦ correctly ◦ expense figures ◦ professional ◦ budget

Explanation:

Brief Explanations

When reviewing a budget, income calculation accuracy is key, so "was the income calculated correctly" makes sense. Expense figures need to be accurate, filling "are the expense figures accurate". All income and expenses should be considered, thus "are all income and expenses considered". The budget itself should be given a fair - chance, so "was the budget given a fair chance". And professional advice might be needed, so "does the individual need professional advice".

Answer:

  • was the income calculated correctly
  • are the expense figures accurate
  • are all income and expenses considered
  • was the budget given a fair chance
  • does the individual need professional advice