define and describe the data required for addressing the question that is being asked. As part of your submission, please define the problem being addressed in the setting and why you collected the data that you collected.

I’m working on a Management question and need guidance to help me study.

define and describe the data required for addressing the question that is being asked. As part of your submission, please define the problem being addressed in the setting and why you collected the data that you collected

1. For the past year, you have consistently been short of cash at the end of the month. Prior to one year ago, you always had enough cash. However this is no longer the case. Now you are usually short at the end of the month. As a result you are only making partial payments on your credit card obligations or are making payments late, hence incurring late fees. You want to prepare a budget for the next six months that with the objective of being able to meet your monthly financial obligations each month.

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