Question: Which statement is incorrect with regards to a budget? Select one: a. By detecting forecasting errors, you can take steps to improve your budgeting. b.

Which statement is incorrect with regards to a budget? Select one: a. By detecting forecasting errors, you can take steps to improve your budgeting. b. A budget is a financial statement that measures a person's income and expenses allowing you to see where your money is going. c. A budget is a forecast of income and expenses for a future time period. d. Budgeting helps determine if your income will be sufficient to cover your expenses

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