AnswersFinancial MathBasic Budgeting

Basic Budgeting — Quiz Answers

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From the options listed, which is the most effective way to visually represent the monthly electricity expenses expected for Daniel over a year, allowing for easy comparison between months?

A
A scatter plot with months on the x-axis and expenses on the y-axis.
B
A pie chart showing the percentage of annual expenses for each month.
C
A table listing each month with its corresponding expense.
D
A bar graph with months on the x-axis and expenses on the y-axis.
4

What was Devory's actual total income?

A
2 dollars comma 250
B
2 dollars comma 280
C
2 dollars comma 600
D
2 dollars comma 490
7

Which category had an actual amount of $⁢1,000 ?

A
Income
B
Savings
C
Transportation
D
Housing
8

How much was the difference in the "Freelance" income category?

A
40 dollars
B
50 dollars
C
negative 50 dollars
D
negative 40 dollars
9

What was the budgeted amount for "Transportation"?

A
405 dollars
B
465 dollars
C
365 dollars
D
385 dollars
10

Which category had a budgeted amount of $⁢600 ?

A
Food
B
Savings
C
Utilities
D
Entertaining

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