Budgeting

Budgeting

Assessment

Flashcard

History

12th Grade

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Which two things does a budget compare?

Back

Income and expenses

2.

FLASHCARD QUESTION

Front

Which of the following is a true statement about budgets?

Back

They allow people to track how and where their money is spent

3.

FLASHCARD QUESTION

Front

In what way is a kid's budget similar to an adult's budget?

Back

Both have about the same ratio of income and expenses.

4.

FLASHCARD QUESTION

Front

If your income is $20.00 per month, how much should you spend each month to stay on budget?

Back

$20 or less

5.

FLASHCARD QUESTION

Front

prudently

Back

wisely

6.

FLASHCARD QUESTION

Front

Which of the following is an example of a fixed expense?

  • shoes
  • book of the month club
  • cough medicine

Back

book of the month club

7.

FLASHCARD QUESTION

Front

What kind of expense would milk be for a family of five if not everyone has breakfast at home every day? Options: Fixed essential, Variable essential, Non-essential

Back

Variable essential

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