question 5 / 5\nyou are creating a budget for your new business. what should you include?\na. all income and…

question 5 / 5\nyou are creating a budget for your new business. what should you include?\na. all income and expenses.\nb. fixed expenses but not income.\nc. income but not variable expenses.\nd. fixed and variable expenses but not taxes.

question 5 / 5\nyou are creating a budget for your new business. what should you include?\na. all income and expenses.\nb. fixed expenses but not income.\nc. income but not variable expenses.\nd. fixed and variable expenses but not taxes.

Answer

Brief Explanations:

A business budget should account for all financial inflows (income) and out - flows (both fixed and variable expenses). Taxes are also part of expenses and should be included. Omitting income or certain types of expenses would lead to an inaccurate budget.

Answer:

A. All income and expenses.