Question

by examining the spreadsheet below, what part of the financial plan might be missing?
1 cash inflows
2 disposable income $7,350
3 interest on deposits $80
4 income from investments $50
5 total cash inflow $7,480
6
7 cash outflows
8 mortgage $4,500
9 cell phone $125
10 car payment $515
11 savings account $150
12 investments $200
13 retirement plan $1,100
14 groceries $300
15 recreation $200
16 total cash outflow $7,090

Explanation:

A financial plan typically includes cash inflows, outflows, and often aspects like debt - repayment details, insurance provisions, and emergency funds. This spreadsheet only shows basic income and expenses. Insurance is a common and important part of a financial plan that is not present here.

Answer:

Insurance provisions (or similar answer indicating insurance - related part of the plan is missing)