which of the following \expenses\ categories had the largest discrepancy between expected and actual…

which of the following \expenses\ categories had the largest discrepancy between expected and actual amounts?\ngroceries\nselling old textbooks\nmiscellaneous\ntransportation\ntable: 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)

which of the following \expenses\ categories had the largest discrepancy between expected and actual amounts?\ngroceries\nselling old textbooks\nmiscellaneous\ntransportation\ntable: 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)

Answer

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