Examlex

Solved

Read the Paragraph Below and Answer the Questions That Follow

question 27

Multiple Choice

Read the paragraph below and answer the questions that follow.
(1) Learning to make a budget is the key to managing your hard-earned money. (2) First, select your budget period, usually a week or a month. (3) Second, estimate your income for that time period as accurately as you can. (4) Include not only your salary after payroll deductions, but the least you expect to make from other sources, such as tips, bonuses, and commissions. (5) Third, add up all your expenses for the budget period. (6) Be sure to add in your fixed costs ⎯ like rent, utilities, tuition, and taxes ⎯ as well as savings. (7) Also include your variable expenses. (8) The most difficult ones to estimate, variable expenses include all your nonfixed living costs, from money for food and transportation to planned events like vacations and less predictable ones like medical and home repair bills. (9) Fourth, subtract your expenses from your income to see whether you need to adjust your budget. (10) If your expenses are greater than your income, look for ways to cut costs ⎯ for example, on clothing. (11) If your income is greater than your expenses, you have the luxury of splurging or saving extra money for that car or trip you have always wanted. Which of the following sentences in the paragraph does NOT contain a transitional expression that indicates time?


Definitions:

Grasping

Grasping is the act of taking hold of something firmly with the hands or arms.

Sucking

Describes a natural reflex for babies used for feeding and comfort, which is essential for their survival.

Assimilating

The process of taking in and fully understanding information or ideas, often used in the context of integrating into a new cultural or social environment.

Attachment

An emotional bond that forms between individuals, crucial for personal development and social connections, often discussed in the context of child-caregiver relationships.

Related Questions