Danaisha does all her grocery shopping at organic markets and has a monthly grocery bill of $325. Charles says that Danaisha is wasting her money on wants instead of focusing on needs. He buys in bulk, uses coupons, and shops at Save-More for a monthly bill of $195. Who's budgeting correctly for food?*1 pointDanaisha, because she is focusing on her health, which will have a guaranteed payoff in the long runCharles, because he's taking efforts to save money by focusing on his needs onlyBoth, because needs vs wants are determined on an individual basisNeither, because they should meet in the middle somewhere. Charles should focus more on health, and Danaisha should cut her spending.

Even though Sasha is only 23 years old she decided to start saving money for retirement. She used the Quantitative Reasoning Process to create a monthly budget.To fit her goals, she plans to spend only  $609 per month which leaves $225 each month to deposit into her retirement account.This month, Sasha spent the following: $247 on groceries, $224 on new clothes, $78 on eating out, $90 on gas for the car, and $162 on entertainment.Select the most correct assessment of Sasha's situation: Group of answer choicesThere is no problem with Sasha's situation because she spent less than her monthly income.There is no problem with Sasha's situation because she is sure that it will be much easier to spend less next month.The problem with Sasha's situation is that she will never be able to retire if she does not live within her budget this month.The problem with Sasha's situation is that she did not use foresight to imagine the new clothes and entertainment she wanted to have without waiting.The problem with Sasha's situation is that she is not following through on her planned budget.

0. Clark spent $100 buying food for his pets, $125 to buy groceries, and $250 to repaint his living room. Is this an example of a balanced budget?

Nicole has enough money in her budget to allow her to hire temporary help for the holiday rush. What type of budget does this represent?Multiple choice question.FixedIncrementalVariableMarginal

1.Question 1Mary Jones wants to set up a monthly budget for her family. What are the pieces of information she should include? (Select all that apply.)1 pointChecking Account InformationExpensesIncomeCash Flow2.Question 2Kelly wants to create a family budget but is not sure how to set up the information and wants it to be the quickest option. Which option should she use?1 pointMake the budget from scratch on a blank spreadsheet.Open a template within ExcelDownload the latest Budgeting App on her Smartphone.3.Question 3Dan is looking to create a graph of where his spending is going in a single month. What piece of information does he have for his expense section to do this?1 pointDate the expense was documented.The difference in the planned and the actual expenses for the month.The difference in the planned and the actual income for the month.Percentage of how much of the expense is of his total expenses.4.Question 4Let's say you want to find the 3 biggest spend categories for your family in the budget. What is the best way to see that information?1 pointReviewing your checkbook entry to see what the three biggest checks you wrote for the month was.Creating a file with the most expensive bill for the month in the front and putting them in orderCreate a pie graph to see what the 3 largest slices are for your expensive.Looking at your budget spreadsheet and seeing the largest amounts you spent.5.Question 5You have entered your planned expenses and actual expenses for the month. You want to write a formula to see if you are over budget or under budget. Which of the formula below is the best one for this equation?1 point=Planned Income-Actual Income=Actual Income-Planned Income=Planned Expense-Actual Expense=Actual Expense-Planned Expense6.Question 6You have a blank spreadsheet and want to create a family budget by month on the worksheet. How should you set up your entries?1 pointWith just amounts and no differential information to see what it wasIn date order as they occurred like a checkbook ledgerSeparate sections for Income and Expenses with each showing planned vs actual and their difference.7.Question 7If you want to set up yearly budget tracking, can you do this all at once, say at the beginning of the year?1 pointNoYes8.Question 8You want to set up a formula to see what the amount of income your family had for the year on your yearly budget. Which of the following formula would you use?1 point=Actual Income-Planned Income='January'!C5+'February'!C5+'March'!C5+'April'!C5+'May'!C5+'June'!C5+'July'!C5+'August!C5+'September'!C5+'October'!C5+'November!C5+'December'!C5=Actual Income+Actual Income=Planned Income-Actual Income9.Question 9You want to find a template to create a budget. You are in the new file area, how do you find the type of template you need?1 pointOpen a blank spreadsheet and locate the template you need there.Type "budget" in the search bar located on the top of the new file page.Look at the list of spreadsheets below and pick the best one.10.Question 10You want to take multiple rows and create a large row for a title on your budge. What is the command you use?1 pointCenterMergeBordersFormat

Jillian is a high school student who typically earns $275 every two weeks at her part-time job. She is responsible for paying her own cell phone bill, gas when she drives her mom’s car, and costs of going out with friends. She wants to set a low balance alert. What amount probably makes the most sense for Jillian?*1 point$5$50$500$5000