What are the main pursoses of a budget? select three options

In the context of business management, the purpose of budgeting includes the following three aspects:

A forecast of income and expenditure (and thereby profitability)

A tool for decision making

A means to monitor business performance

Budget is an estimation of cost to reflect or read financial conditions in the future for a purpose or goal. And three reason for why is important to practice it are:

1. plan of action for achieving quantified objectives.

2. standard for measuring performance, and

3. device for coping with foreseeable adverse situations.

answer:

won re-nomination with no opposition he also had the support of his party

explanation:

it saw incumbent president andrew jackson, candidate of the democratic party, defeat henry clay, candidate of the national republican party. jackson won re-nomination with no opposition, and the 1832 democratic national convention replaced vice president john c. calhoun with martin van buren.