sure that your charts are labeled properly, and they are both meaningful and effective at conveying the information

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

1. Provide visually appealing and clear formatting and labeling to allow for easy interpretation, quick differentiation among the budget categories, and for quick location of individual budget items. Be sure to label the sheet tabs clearly.

2. Provide visually appealing and correct formatting to allow for ease of data entry, without disrupting the form or function of the budget. (For example, what if electric bill is $150 a month and not $125? Be sure to use cell references and type in formulas so that Excel does the calculations, rather than manually typing in numbers.)

3. Accurately calculate your totals in each category in dollars and percentage of total. (For example, how much spent on groceries in year? What percentage of your costs is this?)

4. Create one chart / graph on each sheet that show the budget trends. (For example: income vs expenses, categories and months, planned vs actual, percentage spent on different categories, amount saved throughout the year, etc.) Make sure that your charts are labeled properly, and they are both meaningful and effective at conveying the information.

5. You must track at least 10 different expenses on your worksheets in at least 3 different categories. If your current situation does not include 10 items (e.g. you live at home with your parents, who pay for everything), then you must choose a different scenario for your project. For instance: research your future life after NOVA, your current life if you were paying for everything, or some other scenario which has meaning to you.

6. Your sheets must both tell the same story. For example: both sheets are your current life, both sheets are your future life, or both sheets are some fictitious scenario. Do not mix and match scenarios in your project.

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