Budgets

Budgets

10th - 12th Grade

10 Qs

quiz-placeholder

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Budgets

Budgets

Assessment

Quiz

Other

10th - 12th Grade

Medium

CCSS
RI.7.2, RL.11-12.6, 3.OA.D.9

+4

Standards-aligned

Created by

Debbie Gerritz

Used 3+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a SMART Goal requiring a budget.

Wanting to earn honor roll
Wanting to buy new furniture next month by saving $50 each check
Wanting to make a sports team
Wanting to wear jeans on Friday

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The first expense line in your budget is to:

Pay yourself first

Write down your income

Write down your fixed expenses

Write down your variable expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Income before taxes/deductions.

gross income

net income

salary

net income

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A _____ is something that is necessary for humans to live a healthy life an example could be food, water, medical, housing, clothing

Need 
Want

Tags

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.8.1

CCSS.RL.9-10.2

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A ______ is something that is desired e.g. computer, holiday, car, cell phone

Need 
Want

Tags

CCSS.RL.11-12.6

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Rent is a:

Fixed expense
Discretionary Expense
Variable expense
Intermittent expense

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Groceries are a:

Fixed expense
Variable expense
Intermittent expense
Discretionary expense

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