4
QuizMultiple Choice

Long-Term Budgets — Quiz

Question 4 • Financial Math

Jun is transitioning from working full-time to starting his own business. He needs to create a new budget that aligns with his anticipated income changes. What is the most significant budget adjustment Jun should make as he transitions to self-employment?

Answer
A
increasing entertainment expenses to help with marketing
B
accounting for irregular income and building an emergency fund
C
allocating more funds for vacation
D
increasing grocery spending
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