3
practice testMultiple Choice

Practice Test

Question 3 • Personal Finance and Economics

Which explains Lauren’s error?

Answer
A
Lauren made an error in step 1 because she should not include entertainment in her expenses.
B
Lauren made an error in step 2 because she does not need to total the expenses.
C
Lauren made an error in step 1 because she should not include tips and commissions in her income.
D
Lauren made an error in step 3 because she should have subtracted the expenses from the income.
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