Chapter 19: Managing Your Money

Chapter 19: Managing Your Money

9th - 10th Grade

10 Qs

quiz-placeholder

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Chapter 19: Managing Your Money

Chapter 19: Managing Your Money

Assessment

Quiz

Specialty

9th - 10th Grade

Practice Problem

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Created by

Patricia Allison

Used 63+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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1. What is the term for a plan for saving and spending money based on your income and expenses?

Cash Flow
Business Plan
Budget
Taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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2. Expenses that change each month are called...

Fixed
Flexible
Income
Actual Expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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3. Developing a strategy to meet present and long-term financial needs is called...

Investing
Strategizing
Financial Planning
Saving

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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4. The first step in making a budget is to...

Keep records of your spending 
Decide on your goals
Increase your income
Decrease your expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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5. An example of a fixed expense is...

Concert Tickets
Rent and Car Payments
Clothing and Magazines
Medical Costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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6. An example of flexible expense is...

Car Payments
Rent
Clothing
Insurance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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7. Financial records are only useful if they are...

Handwritten
Filed Alphabetically
Computerized
Reviewed Regularly

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