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Chapters 1-6 Twomey

Authored by N Twomey

Business

12th Grade

Used 83+ times

Chapters 1-6 Twomey
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57 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Net Cash = Total ___________ - Total Expenditure

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

There are how many categories of expenditure in a budget?

2

3

4

5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which ONE of the following is an example of FIXED INCOME?

Lotto win

Benefits in kind

Salary

Interest on savings

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Net Cash + Opening Cash = ______________ Cash

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A BUDGET is a financial document showing the planned income and expenditure for a future time.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When calculating TOTAL EXPENDITURE in a budget, you must add how many subtotals?

1

2

3

4

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of expenditure is the following: cinema tickets

Fixed

Irregular

Discretionary

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