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4. plase answer asap. Mike, a grocery store owner, estimates that his profits in the next month will be $3,000. Based on his expectations, he

4. plase answer asap.

Mike, a grocery store owner, estimates that his profits in the next month will be $3,000. Based on his expectations, he prepares a budget and assigns $650 to savings, $500 to retirement benefits plan, $1,000 to personal expenses, and decides to spend $850 for the expansion of his grocery store. Which type of budget did Mike use?

Zero-based Budget

Imposed Budget

Participative budget

Rolling Budget

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