The First Two Steps in Budgeting Are

question 7

Multiple Choice

The first two steps in budgeting are

• A)evaluating what you earn and subtracting what you spend.
• B)seeing what you make and making decisions about what to spend.
• C)determining what you make and determining what you spend.
• D)determining what you spend and reducing spending.

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Definitions:

Sight

The ability of the eyes to perceive visual stimuli, one of the five senses.

Smell

The ability to perceive odors through sensory organs in the nasal cavity, a vital part of the olfactory system.

Touch

Touch is one of the five senses, involving the sensation that occurs when an object comes into contact with the skin.

Hearing

The faculty of perceiving sounds, which is an essential part of communication and environmental awareness.