Question

Does the budgeted amount cover the actual amount for expenses, savings, and emergencies? a) no, it's short $207.00. b) no, it's short $227.00. c) yes, there's a surplus of $207.00. d) yes, there's a surplus of $227.00.

Answer 1

The expense amount is more than the savings amount. No, it's short $207 then the correct option is A.

What are statistics?

Statistics is the study of collection, analysis, interpretation, and presentation of data or to discipline to collect, and summarise the data.

From the table, we have

The amount of the savings will be

Saving amount = $ 20

Then the amount of the expense will be

Expense amount = 150 + 75 + 2 = 227

Then the budgeted amount covers the actual amount for expenses, savings, and emergencies will be

→ savings amount - expense amount

→ 20 - 227

→ $ 207

Thus, the expense amount is more than the savings amount. No, it's short $207.

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brainly.com/question/10951564