Refer to the Scenario Below to Answer the Following Questions

Multiple Choice

Refer to the scenario below to answer the following questions.
Budgeting Bonanza (Scenario)
Chuck Cartwright owns Ponderosa Video, a small chain of video stores based in Winnipeg, Manitoba. The stores have been earning a modest profit, but Chuck needs to improve his budgeting process if he wants to compete against the big national chains. His financial advisor, Helga Hensler, suggested he develop a series of budgets for analysis.
-Helga asked Chuck to estimate the costs associated with his primary business activities, such as rent and video purchases, to develop a(n) __________ budget.

A) expense
B) revenue
C) profit
D) cash
E) variable