Employment and Education

Question 1

Take another look at this chart.If you were planning a budget, which amount would you use to record your income?

Revolt · Accepted Answer

$67.50

Question 2

A variable expense is one for which the amount is , and it should be considered fixed expenses.

Revolt · Accepted Answer

estimated

Question 3

A variable expense is one for which the amount is , and it should be considered fixed expenses.

Revolt · Accepted Answer

after

Question 4

Discretionary spending is the most budget item and the easiest to change.

Revolt · Accepted Answer

variable

Question 5

Which statements best summarize the principles you should use when budgeting? Check all that apply.Your discretionary spending should be a higher priority than mandatory spending.You need to be mindful of whether an expense is truly a need, or just a want.Spending on wants will enable needs to take care of themselves.The more you save, the more easily you can reach long–term goals.To create a budget, you need to start by determining your short–term and long–term goals.

Revolt · Accepted Answer

You need to be mindful of whether an expense is truly a need, or just a want.; The more you save, the more easily you can reach long–term goals.; To create a budget, you need to start by determining your short–term and long–term goals.

Question 6

A fixed expense is one for which the amount is , and it should be considered other expenses.

Revolt · Accepted Answer

known

Question 7

A fixed expense is one for which the amount is , and it should be considered other expenses.

Revolt · Accepted Answer

before

Employment and Education Answers

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