Budget

Budget

7th Grade

19 Qs

quiz-placeholder

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Budget

Budget

Assessment

Quiz

Other

7th Grade

Medium

CCSS
RI.7.2, RL.6.1, RL.6.2

+2

Standards-aligned

Created by

Elizabeth-Allyn Pritchard

Used 91+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT considered income?

A paycheck

A gift of money

An allowance

Interest PAID on a loan

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Fixed or variable expense: Rent?

Fixed

Variable

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fixed or variable expense: Groceries

Fixed

Variable

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If we decide to go to the movie theater over Spring Break, it would be considered a __________.

Variable Expense

Fixed Expense

Income

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Because the amount of money I spend on gas depends on the price of gas and how much I use, it is considered a...

Fixed Expense

Variable Expense

Income

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Daycare can be very expensive! My friend pays $972 every month for her daughter.

This is considered a

Fixed Expense

Variable Expense

Income

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If an expense can be removed from your budget to save money, it is considered a ______.

Income

Want

Need

Savings

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