
FutureSmart Quiz
Authored by Vivian Blanco
Other, Business
8th Grade
Used 9+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A budget includes ______ and ________.
Income and Money
Income and Expenses
Expenses and Debit
Debit and Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _____ expense is the total amount that does not change, it usually stays the same every month.
Normal
Variable
Fixed
Constant
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of opportunity cost?
The value of the next-best alternative when a decision is made
The value of the best alternative
The value of making time for everything
The value of the next-best alternative when a decision is not made
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you calculate Unit Price?
Quality/Quantity
Price/Quality
Quantity/Price
Price/Quantity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following connects directly to your checking account and does NOT include interest?
Predebit Card
Debit Card
Credit Card
Stipend
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _________ is known as a loan that includes interest.
Predebit Card
Debit Card
Credit Card
Stipend
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you receive a bill from your Credit Card you should pay it off in minimum payments to avoid interest.
True
False
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