Mora has created a budget to track her income and expenses throughout the year. Why is it important for her to identify budget items and track their variance from budget forecasts?

a. Doing so can help her determine if she has extra money to spend on additional, big-ticket items.

b. Doing so can help her adjust for inflation over time.

c. As long as she knows how much she is under- or overspending, she can manage the variance without negatively impacting her personal finances.

d. Doing so will help her make better budgeting decisions in the future.

e. If certain budgeted expenses routinely turn out to be under or over her previous estimates, then it is important to revise her budget estimate or develop a strategy to reduce that expense.