Budgeting

Budgeting

10th - 12th Grade

8 Qs

quiz-placeholder

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Budgeting

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Assessment

Quiz

Professional Development, Other Sciences

10th - 12th Grade

Medium

Used 4+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is overdraft protection?
When your checks will be covered even when you have insufficient funds in your checking.
an estimate of income and expenditure for a set period of time
None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic card that removes money directly from your checking account.
Debit card
Credit card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written order to a bank to pay amount stated to the person or business.
Check
Budget
Overdraft

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Legally collectible
Negotiable
Co-signer
Warranty

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is disposable income?
Money that you have left to spend or save after taxes and other required deductions are taken
Income that you are free to spend on whatever you would like
Money left in your bank account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?
Set of goals for spending, saving, and investing the money you receive.
Spending and saving plan based on your expected income and expenses. 
Money that you should spend on "fun" activities.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an overdraft?
Written order to a bank to pay the amount stated to the person.
Writing a check hoping to deposit money to cover them before they clear.
A check that is written for more money than your bank account contains.

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a canceled check?
A check that has cleared your account.
A check written for more money than your account contains.
A bad check.