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Budget Review!

Authored by Mrs. Johansson

Business

11th Grade

Used 1+ times

Budget Review!
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process on planning how to get the most from your income

Money Management

Budgeting

Expenditures

Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Plan for using your income in a way that best meets your wants and needs.

Money Management

Budgeting

Expenditures

Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total amount of money you earned for a specific time before deductions.

Gross Pay

Expenditures

Money Management

Budgeting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Setting financial goals requires me to think about my needs and wants in both the near term and the future.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amounts that are taken out of your pay before you receive your paycheck (taxes, health insurance, retirement, union dues)

Gross Pay

Income

Budgeting

Deductions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross pay minus deductions

Net pay

Money Management

Expenditures

Budgeting

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Items you have to spend money on, including food, transportation, and housing.

Income

Money Management

Expenditures

Net pay

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