The statement that is not supported by the information in the table is Oscar budgets $485 on utilities, telephone and emergencies
A budget can be described as a plan on how to spend ones income.
In order to determine which information is incorrect, first determine total amount to be spent on each category
Amount to be spent on each category = percentage of each category x income
Amount to be saved = 16% x $2250
= 0.16 x $2250 = $36
Amount to be spent on house payment = 35% x $2250
0.35 x $2250 = $787.50
Amount to be spent on telephone = 5% x $2250
0.05 x $2250 = $112,50
Amount to be spent on utilities = 6% x $2250
0.06 x $2250 = $135
Amount to be spent on car payment = 17.5% x $2250
0.175 x $2250 = $393.75
Amount to be spent on car insurance = 6.5% x $2250
0.065 x $2250 = $146.25
Amount to be spent on life insurance = 3% x $2250
0.03 x $2250 = $67.50
Amount to be spent on emergencies= 11% x $2250
0.11 x $2250 = $24.75
The next step is to determine which option is wrong
Total amount of budget to be spent on house payment and life insurance = $67.50 + $787.50 = $855
This amount is less than $900
Total amount spent on utilities, telephone and emergencies = $24.75 + $135 + $112.50 = 272.25
He budgets $272.25 on utilities, telephone and emergencies
Total amount spent on car payment and insurance = $146.25 + $393.75 = $540
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