
Budget, Planning, Legal Agreement and Recordkeeping
Authored by Alvalene Rogers
Business
10th Grade
Used 49+ times

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45 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The two elements in budgeting and planning
income and net worth
net worth and liabilities
income and expenses
expenses and assets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A set of goals for spending, saving and investing
budget
financial process
financial plan
financial budget
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Before planning a budget, track income and expenses for
1 month
1- 2 months
four to six months
one year
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which budget is the best to create and most accurate
weekly
bi-weekly
monthly
any of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Document that list your valuables, when purchased and their present value
expense record
personal values
net worth
personal property inventory
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When assets are greater than liabilities, you are said to be
rich
solvent
insolvent
credit worthy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A net worth statement will be useful when you apply for a loan or credit
True
False
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