Budgeting

Budgeting

Assessment

Flashcard

Business

10th - 12th Grade

Hard

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12 questions

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1.

FLASHCARD QUESTION

Front

Telling your money what to do, not wondering where it went is . . .

Back

a budget

2.

FLASHCARD QUESTION

Front

Costs that do not change from month to month, you are obligated to pay them regardless of income variation

Back

fixed expenses

3.

FLASHCARD QUESTION

Front

Items of value that a person owns

Back

assets

4.

FLASHCARD QUESTION

Front

Costs that vary in the amount and type, depending on the choices you make

Back

variable expenses

5.

FLASHCARD QUESTION

Front

The money you have left to spend or save after taxes and other deductions (required and optional) are taken.

Back

disposable income

6.

FLASHCARD QUESTION

Front

NSF stands for

Back

non sufficient funds

7.

FLASHCARD QUESTION

Front

Your budget should be as detailed as ____________

Back

blueprints for a house

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