Quiz about 7TH GRADE: FAMILY BUDGET

Question 1

Question 1.

Accepted Answer

D

Answer

A

Answer

B

Answer

C

Question 2

Question 2.

Accepted Answer

D

Answer

A

Answer

B

Answer

C

Question 3

Which best represents the number sentence shown?
g - 6 = 9

Accepted Answer

a number minus six equals nine

Answer

Six plus a number equals nine

Answer

a number less than 6 equals nine

Answer

Six minus a number equal nine

Question 4

2) Which phrase best represents

Accepted Answer

Eight more than the quotient of a number, d, and three is twelve.

Answer

Eight more than the difference of a number, d, and three is twelve.

Answer

The quotient of eight more than a number, d, and three is twelve.

Answer

The difference of eight more than a number, d, and three is twelve.

Question 5

Mr. Jones had $80 to purchase school supplies for hiss class. He bought 32 glue sticks and 32 boxes of crayons. Each glue stick cost $1.40, and each box of crayons cost $0.59. How much money did Mr. Jones have left after these purchases?

Accepted Answer

$16.32

Answer

$18.88

Answer

$63.68

Answer

$35.20

Question 6

Question 6.

Accepted Answer

$22.50

Answer

$127.50

Answer

$15.00

Answer

$135.00

Question 7

Question 7.

Accepted Answer

Utilities

Answer

Mortgage

Answer

Food

Answer

Retirement Savings

Question 8

Question 8.

Accepted Answer

$18.73

Answer

$16.28

Answer

$17.50

Answer

$21.25

Question 9

Question 9.

Accepted Answer

$675

Answer

$225

Answer

$450

Answer

$900

Question 10

Question 10.

Accepted Answer

$104.63

Answer

$98.24

Answer

$6.39

Answer

$91.74

Question 11

Phoebe earns $900 a month. The table shows her monthly budget. Which statement is supported by the information in the table?

Accepted Answer

Phoebe uses more than 20% of her monthly budget for college savings.

Answer

Phoebe spends 10% of her monthly budget on clothes.

Answer

Phoebe spends less than 15% of her monthly budget on her cell phone bill.

Answer

Phoebe uses more than 50% of her monthly budget on her car payment and food.

Question 12

In Jamie's monthly budget, each category is assigned a certain percentage of his monthly income is $2,250.

Which statement is NOT supported by the information in the table?

Accepted Answer

Jamie budgets $485 of her monthly income for telephone, utilities, and emergencies

Answer

Jamie puts $360 of her monthly income into savings.

Answer

Less than $900 of Jamie's monthly income is for his house payment and life insurance.

Answer

More than $530 of Jamie's monthly income is for his car payment and car insurance.

Question 13

Oliver's monthly income is $1,600. The table displays the different categories in Oliver's monthly budget and the amount of money he spends in each category.

Which statement is NOT supported by the information in the table?

Accepted Answer

More than 50% of Oliver's monthly income is spent on rent

Answer

Oliver puts 18.75% of his monthly income into savings.

Answer

Oliver spends 7.5% of his monthly income on his cell phone.

Answer

Oliver spends 12.5% of his monthly income on utilities and cable.

Question 14

The family budget is balanced if:

Accepted Answer

A. incomes = expenses

Answer

B. incomes < expenses

Answer

C. incomes > expenses

Question 15

You can save money if:

Accepted Answer

C. incomes > expenses

Answer

A. incomes = expenses

Answer

B. incomes < expenses

Question 16

Necessary family expenses are:

Accepted Answer

B. food, rent

Answer

A. rent, theatre

Answer

C. cinema, family celebration

Question 17

If you have lower incomes than expenses:

Accepted Answer

B. decrease your expenses

Answer

A. increase your expenses

Answer

C. buy a new mobile

Question 18

Question 18.

Accepted Answer

Joe's minimum household budget is $3552

Answer

Joe's minimum household budget is $3000

Answer

Joe's minimum household budget is $1246

Answer

Joe's minimum household budget is $821

Question 19

If Sonya works 160 hours in one month, what is her average hourly wage to meet the budget of $3250? Round to the nearest cent.

Accepted Answer

$20.31

Answer

$18.62

Answer

$23.42

Answer

$24.14

Question 20

If the Jones family increased their family budget of $6110 by 10%, what is their new minimum family household budget? Round to the nearest cent.

Accepted Answer

$6721

Answer

$611

Answer

$6120

Answer

$6210

Question 21

Mr. Jones works 130 hours in one month. Mrs. Jones works 160 hours in one month. What is their average hourly wage to meet the budget of $3760 a month? Round to the nearest cent.

Accepted Answer

$12.97

Answer

$18.71

Answer

$22.94

Answer

$26.82

Question 22

Budget - a monthly or yearly spending and savings plan for an individual, family, business, or organization

Accepted Answer