Question

Which is not a benefit of self-imposed budgets?

A) Financial discipline
B) Flexibility
C) Accountability
D) Increased spending

Answer 1

The answer is D) Increased spending.

Step-by-step explanation:

The answer to the question 'Which is not a benefit of self-imposed budgets?' is D) Increased spending.

A self-imposed budget is a financial plan created by an individual or business to control their spending and allocate resources effectively. The benefits of self-imposed budgets include:

1. Financial discipline: A self-imposed budget helps individuals or businesses control their spending habits and avoid unnecessary expenses.
2. Flexibility: A self-imposed budget allows individuals or businesses to adjust their spending priorities as needed.
3. Accountability: A self-imposed budget holds individuals or businesses accountable for their financial decisions and helps them track their progress towards their financial goals.

Increased spending is not a benefit of self-imposed budgets because the goal of a self-imposed budget is to reduce spending and manage resources efficiently..