Accounting and Finance Foundations

Unit 12

Accounting and Finance Foundations Unit 12: Budgeting and Business Plans 963

Open-Response Unit Assessment S/T Guide

Tasks (cont’d)

B. What discretionary expenses could you eliminate to create additional savings? Explain your answer,

and use your budget to support your response.

C. If you reduce or eliminate these discretionary expenses, will you be able to save enough for the

Cancun vacation? Explain your answer, and use your budget to support your response.