SS quiz 3.3.21

Which expense would the students baking cookies for a school bake sale most likely have?

• Wages for the workers

• Ingredients for the cookies

• City permit

• Rent for the school building

-Mowing lawns

-Washing the car

-Taking out the trash

• selling product

• donating money

• providing services

• saving for college

Select the item that is NOT appropriate to include in a budget.

• Earnings

• Savings

• Spending

• Walking

• Expenses

Gustavo made some lemonade. He sold it at a yard sale. He received $4.00. How would you describe what Gustavo has done?

• consuming

• volunteering

• earning

• spending

Review this list.

-Human Society of the U. S.

-American Cancer Society

-American Heart Association

-The Salvation Army

What do these places have in common?

• You can buy things from them

• They will do you homework

• You can donate money to them

• They are places to play

Which of the following is a way to save money?

• buy toys for all of your friends

• keep a little of what you earn and put it in a bank

• do chores around the house to help your parents

• start a dog walking business

All of the activities listed below are ways to money.

-babysit

-mow the lawn

-teach school

-sell lemonade

• borrow

• earn

• save

• spend

Families must budget their money. They earn it, then spend some of it on like groceries.

What BEST completes the sentence above?

• profits

• goods

• services

• savings

Loretta went to the store with her father. She used her birthday money to buy a new sweater and a hat to match. She spent all of her money. What could she have done with some of the money, so that she would have some to spend later?

• donated

• spent

• sold

• saved

Many people earn money working at a job. Another way to earn money is by--

• buying new things at the store

• volunteering for a charity group

• keeping money in a savings account