Question

quiz instructions
before completing this quiz, students should have read on - line lessons, attended live
sessions or watched recordings, reviewed class slides and downloaded/studied the
module 2 study guide.
2 pts
question 7
which expenses are discretionary expenses? (select all that apply)
going to an amusement park
renting a boat to go fishing on the lake.
car payment
going out to a restaurant to eat.
paying the electric bill

Explanation:

Discretionary expenses are non - essential costs that can be adjusted or eliminated based on personal choice. Going to an amusement park, renting a boat to go fishing on the lake, and going out to a restaurant to eat are all activities that are not necessary for basic survival or fulfilling contractual obligations. Car payment is a contractual obligation (if it's a loan or lease) and paying the electric bill is a necessary expense for having electricity in a home (a basic need in a modern context).

Answer:

Going to an amusement park, Renting a boat to go fishing on the lake, Going out to a restaurant to eat.