Which statement is incorrect with regards to a budget?

Select one:

O a$.$ A budget is a financial statement that measures a person's income and expenses allowing you to

see where your money is going.

$$ b$.$

A budget is a forecast of income and expenses for a future time period.

$$ c$.$

By detecting forecasting errors, you can take steps to improve your budgeting.

O d$.$ Budgeting helps determine if your income will be sufficient to cover your expenses.