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Budgeting assists management in which of the following areas?
Taxpayer
A taxpayer is an individual or entity that is obligated to pay taxes to a federal, state, or municipal government body, based on earned income, property ownership, or consumption of goods and services.
Interest Income
Income earned from lending funds or depositing funds in interest-bearing accounts, subject to taxation.
Form 1040EZ
A simplified federal income tax form for individuals with uncomplicated tax situations, no longer in use after 2018, replaced by the redesigned Form 1040.
Form 1040
The customary Internal Revenue Service (IRS) document utilized by individuals for the purpose of filing their annual earnings tax returns.
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