Budgeting

Budgeting

11th - 12th Grade

23 Qs

quiz-placeholder

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Budgeting

Budgeting

Assessment

Quiz

Other

11th - 12th Grade

Medium

CCSS
L.1.5A, L.1.5B, L.K.5A

Standards-aligned

Created by

Sheila Sampson

Used 212+ times

FREE Resource

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a need?
Food
Clothes
Netflix
Shelther

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a variable expense
Food
Rent
Car payment
Student loan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your emergency savings fund should have how many months worth of income?
1-2 months
10 months
It doesn't matter
3-6 months

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in budgeting?
Record what you spend
Estimate your income
Set financial goals
Review and evaluate monthly

5.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

What is a discretionary Income?
an estimate of income and exponditure for a set period of time.
a corporate expense that varries with production output.
Income remaining after deduction of taxes, other mandatory charges.
cannot avoid or help doing something.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a "life change" that would effect your budget?
marriage
children
change in job
all of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do you want to have savings?
financial emergencies
exciting financial opportunties
financial security
all of these

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