Unit 7-Cash Flow Statement

Unit 7-Cash Flow Statement

Assessment

Flashcard

Life Skills

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

6 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Expenses include all of the following except: car loan balance, house payment, utilities payment, groceries

Back

car loan balance

2.

FLASHCARD QUESTION

Front

Examples of variable expenses include all of the following EXCEPT: grocery expenses, clothing expenses, eating out expenses, student loan payment

Back

student loan payment

3.

FLASHCARD QUESTION

Front

How much discretionary income does Amy have if her take-home pay is $1,250 per month, and she pays $500 for rent and utilities, $200 for food, and $300 for transportation?

Back

$1,250 - $500 - $200 - $300 = $250

4.

FLASHCARD QUESTION

Front

How much discretionary income does Tom have if his take-home pay is $2,600 per month and he pays $1,000 for mortgage, $500 for transportation, $70 for parking, $250 for retirement fund, $130 for cable-Internet-phone service, and $300 for food?

Back

$350

5.

FLASHCARD QUESTION

Front

Income includes all of the following except: Allowance at Home, Take Home Pay, Deductions, Interest Earned from Savings

Back

Deductions

6.

FLASHCARD QUESTION

Front

Examples of fixed expenses include all of the following except: car loan payment, mortgage loan payment, student loan payment.

Back

groceries

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?