Final answer:
A well-prepared budget should be reasonable, include a detailed listing of items requested, estimate in-kind revenues and expenses, and provide a narrative explaining the budget calculations. The correct options in the answer are a), c), and d).
Step-by-step explanation:
Be reasonable and demonstrate that the funds being asked for will be used wisely. This involves justifying the need for the budgeted items and showing that the estimates are grounded in realistic expectations.Include a detailed listing of all items requested, which provides clarity about where funds are going. It is not necessary to include items not specifically requested in the grant application unless they have a direct impact on the budget.Estimate in-kind revenues and expenses, which are non-cash contributions like goods, services, time, or expertise, that support the project.Include a narrative that explains the numbers in the budget and how they're calculated. This narrative is crucial for understanding the context and justifications behind the figures.
The options that a well-prepared budget should include are being reasonable, listing the items requested, estimating in-kind revenues and expenses, and including a narrative that explains the budget. These elements help ensure the budget is clear, justified and provides a full picture of the financial planning involved.