Question

The primary purpose of a budget is to provide estimates of future revenues and expenses. True False

Answer 1

True

Step-by-step explanation:

The budget is prepared to estimate the company revenues and expenses for the given period of time. Through with the help of budget, the company can get to know for the revenues to be earned and the expenses to be incurred.

It also gives an overview of company expenses and revenues

hence, the given statement is true