What are the parts of a budget in its most basic form?
O income and expenses
goals and predictions
emergencies and savings
calculations and estimations

Answer :

Final answer:

A budget in its most basic form includes income and expenses and helps in managing finances effectively.


Explanation:

The parts of a budget in its most basic form are income and expenses. A budget is a financial plan that includes tracking the money you earn (income) and the money you spend (expenses). By creating a budget, individuals or organizations can manage their finances effectively, set financial goals, and make informed decisions.


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