Assignment 3.1: Determining Causes and Effects Draft Version Due Week 7 and worth 150 pointsSelect the following scenario on which to focus your cause and effect paper. Research the topic and include credible sources to support claims. Identify your purpose clearly incorporate audience needs establish a desired tone and organize information/claims effectively.The CEO of Bank of America has asked you (a financial analyst) to write a paper on the causes and effects on not keeping a personal budget. The paper will be presented to the communications department of the company so they can create budget forms for customers.Write a 4-5 page paper in which you:Your assignment must follow these formatting requirements: