an best meets the person's needs? Explain. /hich loan best meets the person's needs? Round to the nearest cent as needed.) DA. The second loan best meets the person's needs because the monthly payment of $ is less than the maximum budgeted amount of $300 per month. OB. The third loan best meets the person's needs because the monthly payment of S is less than the maximum budgeted amount of $300 per month. OC. The first loan best meets the person's needs because the monthly payment of S is less than the maximum budgeted amount of $300 per month. O D. None of the loans meet the person's needs.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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