Final answer:
The budget type that should be used to meet the needs mentioned is the operating budget. An operating budget is a budget that outlines day-to-day expenses and revenues of a business or organization.
Step-by-step explanation:
The budget type that should be used to meet the needs mentioned is the operating budget. An operating budget is a budget that outlines the day-to-day expenses and revenues of a business or organization. It is used to manage ongoing operations and ensure that there is enough money to cover operating expenses, such as salaries, utilities, supplies, and advertising.
On the other hand, a capital budget is used for long-term investments in assets, such as purchasing new equipment or expanding facilities. A cash budget is a detailed plan of expected cash inflows and outflows, showing how cash will be managed on a daily, weekly, or monthly basis. Lastly, a master budget is an overall budget that includes all the individual budgets of a business, such as the operating budget, capital budget, and cash budget, as well as budgets for sales, production, and other departments.
In this case, Marie's budget of $24 for magazines and pies represents ongoing expenses that can be categorized under the operating budget.