9
QuizMultiple Choice

Investing and Financial Markets — Unit test

Question 9 • Personal Finance - EL3403

Which is an example of a financial change that would require budgetary consideration?

Answer
A
paying monthly rent
B
purchasing furniture
C
saving a certain amount
D
buying a monthly bus pass

Explanation

Purchasing furniture is a financial change because it adds a new expense that may not be part of the regular budget, so you need to consider how to pay for it. Paying rent and buying a monthly bus pass are recurring expenses, while saving a certain amount is already a planned budget action. The correct choice is purchasing furniture.

AI-written and checked against the verified answer.

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