2
lesson pretestMultiple Choice

Pretest

Question 2 • Mathematics for Data and Financial Literacy

Josiah budgets for debt payments incorrectly. What is a potential consequence?

Answer
A
They will have more money for entertainment.
B
They will reduce their overall expenses.
C
They may miss payments and face penalties.
D
Their emergency fund will increase automatically.

Explanation

If Josiah does not budget enough for debt payments, they may not have the money available when bills are due. Missing payments can lead to late fees or other penalties, so the potential consequence is that they may miss payments and face penalties.

AI-written and checked against the verified answer.

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