Which one of the following applications is best suited to develop a budget for your finances?1 pointDatabasePresentationWord ProcessorSpreadsheet

The application best suited to develop a budget for your finances is a Spreadsheet.

Explanation:

1. Ease of Use: Spreadsheets like Microsoft Excel or Google Sheets provide an intuitive interface for entering data that allows users to easily organize numerical information.

2. Calculation Capabilities: Spreadsheets are equipped with built-in formulas and functions that enable users to perform calculations automatically. This is particularly useful when summing expenses, calculating totals, or analyzing financial data.

3. Flexibility and Customization: Users can customize their spreadsheets with charts and graphs to visualize their budget, making it easier to understand and track financial progress.

4. Data Management: Spreadsheets allow for the easy manipulation of data, including sorting and filtering, which can be beneficial when tracking various expenses or income sources over time.

In contrast, databases are more suitable for storing large volumes of structured data, presentation software is designed for creating slide shows, and word processors are primarily used for writing text documents. Thus, a spreadsheet is the optimal choice for budget management.