Zero base budget
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Medium
Brad Sievers
Used 32+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
John is planning to use the zero based budget for his finances. What is the first step he should take in creating his budget?
John should write down his monthly income
John should write down and total his expenses for the month
John should figure what his seasonal or irregular expenses might be for the month
John should subtract all expenses from income for the month
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the zero based budget, what is the second step in creating your budget?
Write down your monthly income
Write down and total your expenses for the month
Figure what your seasonal or irregular expenses might be for the month
Subtract all expenses from income for the month
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the zero based budget, what is the third step in creating your budget?
Write down your monthly income
Write down and total your expenses for the month
Figure what your seasonal or irregular expenses might be for the month
Subtract all expenses from income for the month
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the zero based budget, what is the forth step in creating your budget?
Write down your monthly income
Write down and total your expenses for the month
Figure what your seasonal or irregular expenses might be for the month
Subtract all expenses from income for the month
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People that budget and are good with their money say;
Your money works for you
You work for your money
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
People that do NOT budget and aren’t good with their money say;
Your money works for you
You work for your money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the zero base budget all of the following are good ways to save money and budget EXCEPT;
Don’t go out to dinner 🥘/ eat out less
Buy used cars 🚘
Use coupons or wait to buy something until it’s on sale
Use all of your savings and take out loans with high interest rates whenever you can’t afford expenses
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