CM: 3.3B Budgeting
Flashcard
•
Business
•
11th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
A mortgage payment is an example of a?
Back
Fixed Expense
2.
FLASHCARD QUESTION
Front
Type of expenses that change from month to month?
Back
Variable Expenses
3.
FLASHCARD QUESTION
Front
Find the McConnell's average monthly expenditure for the following months: January $2,004, February $1,897, March $2,345, April $2,426.
Back
$2,168
4.
FLASHCARD QUESTION
Front
How much more or less did the Scotts spend on utilities than they had budgeted for? They had planned to spend $217.25 on transportation but actually spent $212.50.
Back
$4.75 less
5.
FLASHCARD QUESTION
Front
What is the total monthly expenses? Knowing that the living expenses is $675, fixed expenses is $940, and the annual expenses is $1270. (Hint: divide annual expense by 12)
Back
$1279.89
6.
FLASHCARD QUESTION
Front
Jane takes home $3,500 every month. She spends $1,800 on rent and car payment, $300 on credit card payment, and $100 on savings. What is the most amount of money she can spend for the rest of the month?
Back
$1,300
7.
FLASHCARD QUESTION
Front
What is the total monthly expenses? Knowing that the living expenses is $652.50, fixed expenses is $1240 and the share of annual expenses is $337.85.
Back
$2230.35
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