14
practice examMultiple Choice

Practice Exam

Question 14 • Advanced Financial Algebra

What could Chance do to adjust the budget after receiving an unexpected bill for home repairs?

Answer
A
continue spending as usual without any changes
B
cut back on discretionary expenses like entertainment
C
ignore the bill until the next month
D
increase spending on nonessential items

Explanation

Chance should make room in the budget for the unexpected home-repair bill by reducing flexible, nonessential spending. Cutting back on entertainment frees up money to help pay the bill; continuing or increasing discretionary spending would make it harder to cover the expense.

AI-written and checked against the verified answer.

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