Why is making a proper budget useful for an entrepreneur?
Answer and explanation
Correct answer: To control expenses
A budget makes estimated income and expenses clear. Exam tip: link budget with financial planning.
Frequently asked questions
What is the correct answer to this question?
To control expenses
Why is this the correct answer?
A budget makes estimated income and expenses clear. Exam tip: link budget with financial planning.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.