

Lesson Plan: Types of Expenses
Flashcard
•
Business
•
8th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview

20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A budget is:
Back
a plan for saving and spending money
2.
FLASHCARD QUESTION
Front
Budgets are important because they help in: Tracking expenses and income, Increasing expenses, Ignoring financial goals, Spending without limits
Back
Tracking expenses and income
3.
FLASHCARD QUESTION
Front
What are the three variables to consider when creating a budget? Options: Income, Savings, Time; Income, Expenses, Time; Income, Investments, Time; Income, Debts, Time
Back
Income, Expenses, Time
4.
FLASHCARD QUESTION
Front
Define 'Income' as it relates to budgeting.
Back
Income is how much money you earn.
5.
FLASHCARD QUESTION
Front
What can happen to your money if you spend it without putting any thought into how much you're spending, where you're spending, or how often you're spending?
Back
You may run out of money quickly.
6.
FLASHCARD QUESTION
Front
All the things that a person spends money on are called __________________________.
Back
expenses
7.
FLASHCARD QUESTION
Front
List the three types of expenses: A. __________________________ B. __________________________ C. __________________________
Back
Fixed, Variable, Periodic
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?