Final answer:
The correct answer to the question is c) (a), (b), and (c), where budgets are used for planning, control, and communication. This allows for the forecasting and monitoring of finances and conveys priorities to stakeholders.
Step-by-step explanation:
Budgets are essential tools that serve several purposes in both personal and government financial planning. The accurate combination of what budgets are used for is (a) Planning, (b) Control, and (c) Communication, therefore the correct answer is c) (a), (b), and (c). When it comes to planning, budgets allow individuals and governments to forecast their income and expenses, helping to align their financial goals with their actual financial capacity. Concerning control, budgets act as a benchmark, enabling the monitoring of actual financial performance against planned financial performance, which helps in curtailing unnecessary expenditures. Lastly, in terms of communication, budgets convey financial intentions and priorities to stakeholders, which could include family members in the context of personal finance or public constituents in the realm of government finance.