Question

which of the following \expenses\ categories had the largest discrepancy between expected and actual amounts?
groceries
selling old textbooks
miscellaneous
transportation
table: income and expenses budget with columns: category, subcategory, expected income/expense, actual income/expense, difference. rows include: income - part - time job ($1,200 expected, $1,100 actual, $100 difference), parental support ($500 expected, $500 actual, $0 difference), scholarships ($800 expected, $800 actual, $0 difference), selling old textbooks ($100 expected, $90 actual, $10 difference), total income ($2,600 expected, $2,490 actual, $110 difference). expenses - rent ($800 expected, $800 actual, $0 difference), utilities (electricity, water) ($150 expected, $140 actual, $10 difference), groceries ($300 expected, $320 actual, - $20 difference)

Explanation:

Step1: Identify discrepancies for each expense

Groceries: $|300 - 320|= 20$
Selling old textbooks (income - but in context of expenses comparison not valid as it's income), Miscellaneous: no data in table for it in expenses, Transportation: no data in table for it.

Step2: Determine the largest

Since only Groceries has a non - zero discrepancy among the given options with data, it has the largest discrepancy.

Answer:

Groceries