3
QuizMultiple Choice

Financial Reserves

Question 3 • 26-27 Ignite Technical Math-Financial Math - MA2007

Which of the following would you list as a non-essential expense?

Answer
A
A fashionable pair of blue jeans.
B
Electricity for your home.
C
Insurance on your car.
D
A bill for data usage on a smart phone.

Explanation

A non-essential expense is something you can do without or choose to spend less on. Fashionable blue jeans are optional, while home electricity and car insurance are basic household or safety expenses, and phone data may be needed for communication. Therefore, the best answer is a fashionable pair of blue jeans.

AI-written and checked against the verified answer.

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