Lindsay Was Reviewing Her Bank Statement for Last Month

question 28

Multiple Choice

Lindsay was reviewing her bank statement for last month. She had paid her rent, her car payment, electric and phone bills, and made three trips to the grocery. Lindsay had also bought tickets to a Katy Perry concert and new clothes to wear to the concert. The money spent on Lindsay's rent, car, electric and phone bills was likely from her ____ , while the money spent on the concert tickets and new clothes was from her _____.

• A)Disposable income; savings
• B)Gross income; disposable income
• C)Disposable income; net income
• D)Disposable income; discretionary income
• E)Gross income; Savings income

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Definitions:

Consumers

Individuals or groups who purchase goods and services for personal use.

Facebook

A social media platform that enables users to connect, share content, and communicate with friends and family online.

Instagram

A social media platform for sharing photos and videos, allowing users to interact through likes, comments, and follows.

Confidentiality

The ethical and legal duty of professionals to protect the privacy of information shared by clients or participants.