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Everfi Venture

Authored by Jennifer Battaglia

Computers

10th - 12th Grade

Used 12+ times

Everfi Venture
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are taxes?

Taxes are sources of income

Taxes are optional payments you make to state and local governments

Taxes are refunds you receive for overpayment

Taxes are mandatory payments you make to state and local governments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is a budget considered to be balanced?

When the amount you earn is equal or less than to the amount you spend.

When the amount you spend is greater than the amount you earn.

When the amount you save is less than the amount you spend.

When the amount you spend is equal or less than the amount you earn.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following budgets would be considered balanced?

A budget where the amount you spend is equal or less than the amount you earn.

A budget where the amount you save is less than the amount you spend.

A budget where the amount you spend is greater than the amount you earn.

A budget where the amount you earn is equal or less than to the amount you spend.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a balanced budget, the amount you ______ is ______ the amount you earn.

save; less than

spend; greater than

spend; equal to

save; greater than

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a variable expense?

Student loan payments

Groceries

Rental payments

Health insurance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a fixed expense?

Movie tickets

Rental payment

Internet service

Cell phone bill

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a fixed expense?

Clothing purchases

Groceries

Rental payments

Movie tickets

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