Planned events
Covered by the management
Planned practice
Possible events
Answer is Wrong!
Answer is Right!
The correct answer is D. Possible events.
A budget is a financial plan for a specific period of time. It is used to estimate and track income and expenses. A budget can be used to plan for a variety of events, such as a vacation, a new car purchase, or a wedding.
A budget is not related to possible events because it is based on estimated income and expenses. Possible events are not guaranteed to happen, so they cannot be included in a budget.
Option A is incorrect because planned events are included in a budget. Option B is incorrect because a budget is covered by the management. Option C is incorrect because a budget is a planned practice.