Question

What is the most likely explanation for Sarah maintaining a log of each time she spends or receives money?

Answer 1

Answer:

D is the right answer.

Step-by-step explanation:

Given that Sarah used to maintain a log of each time she spends or receives money.

Logs are maintained normally for money receipt and payment for the following reasons.

i) To know accurate the cash balance in hand at any time

ii) To estimate the purchases still due

iii) to plan for utilizing the available money for effective uses,

iv) to prepare a budget to review her expenses

Out of the four options the last option seems to be more appropriate for this.

Answer 2

The answer is D. preparing a budget to review her expenses.