Which of the following is not an appropriate approach to solving the problem of an annual budget deficiency?
A) Liquidate enough savings or investments to make up the deficiency
B) Increase short-term, flexible expenditure items
C) Renegotiate terms for long-term expense items
D) Increase income by getting an additional part-time job

Question

Quizplus · Accepted Answer

Increasing short-term, flexible expenditure items would actually worsen a budget deficiency, as it implies spending more rather than finding ways to save or generate additional income. Choices A, C, and D are all potential strategies to address a budget shortfall by either increasing available funds or reducing expenses.

Which of the Following Is Not an Appropriate Approach to Solving