you are creating a budget for your new business. what should you include?\na. all income and expenses.\nb…

you 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.

you 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 budget for a business should account for all financial aspects. This includes both income sources and all types of expenses (fixed, variable, and taxes). Only considering some elements would lead to an inaccurate and ineffective budget.

Answer:

A. All income and expenses.