Unit 3 - Personal Budgets and Consumer Decision Making
Authored by Jeremy Anderson
Business
11th - 12th Grade
Used 1K+ times
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29 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The debts that you owe?
Liabilities
Income
Surplus
Assets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A mortgage payment is an example of a?
Variable Expense
Fixed Expense
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money left over after paying the essentials (such as food, shelter, transportation)?
Net Pay
Discretionary Income
Deficit
Insolvency
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Type of expenses that change from month to month?
Variable Expenses
Fixed Expenses
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial situation that occurs when you spend more money than you make?
Deficit
Surplus
Cash Flow
Budget
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial statement that lists items of value owned, debts owed and person's worth>
Cash Flow
Budget
Net Worth
Tax Return
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Debt that is paid off within one year, such as medical bills or a credit card bill?
Current Liability
Equity
Liquid Asset
Long Term Liability
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