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Budgeting Vocab

Budgeting Vocab

Assessment

Flashcard

Business

11th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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12 questions

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1.

FLASHCARD QUESTION

Front

A written plan for giving, saving, and spending

Back

budget

2.

FLASHCARD QUESTION

Front

Money received for work, gifts, or investments.

Back

Income

3.

FLASHCARD QUESTION

Front

Expense that remains constant monthly

Back

Fixed expense

4.

FLASHCARD QUESTION

Front

Expense that varies monthly but is expected each month.

Back

Variable expense

5.

FLASHCARD QUESTION

Front

Expense occurring at various times in large sums.

Back

Intermittent expense

6.

FLASHCARD QUESTION

Front

Expense for non-essentials

Back

Discretionary (nonessential) expense

7.

FLASHCARD QUESTION

Front

A cash-flow plan that assigns an expense to every dollar of income, aiming for total income minus total expenses to equal zero.

Back

zero-based budget

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