Question

to revise a monthly budget, changes in which categories might need to be addressed? check all that apply. income amount budgeted equity expenses housing advantages

Explanation:

• Income: If income changes (e.g., raise, job loss), the budget must be revised to align with new earnings.
• Amount Budgeted: If the total amount one plans to allocate (budget) changes, the budget structure needs adjustment.
• Expenses: Changes in expenses (e.g., new bills, reduced costs) require budget revisions to balance income and outflows.
• Equity is related to ownership (e.g., in assets) and not directly part of a monthly budget's day - to - day revision for income/expense balancing.
• Housing Advantages is not a standard category for monthly budget revision (focus is on income, budgeted amounts, expenses).

Answer:

A. income
B. amount budgeted
D. expenses