
College Prep Final Study Guide: Budgeting and Finance
Authored by Krissy Lee
English
9th - 12th Grade
CCSS covered
Used 3+ times

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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial plan to spend and save money is called a
budget
tax
finance
income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of keeping track of your expenses?
To understand what you are spending money on so you can make informed decisions
To categorize your spending so that you can spend less money on everything
To be able to save more money.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a need?
Something you must have
Something you'd like to have
Something you would like to do
All of the above
Tags
CCSS.RL.11-12.6
CCSS.RL.6.3
CCSS.RL.7.3
CCSS.RL.8.3
CCSS.RL.9-10.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When making a budget, a person’s needs should come before their wants.
True
False
Tags
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.7.2
CCSS.RL.8.1
CCSS.RL.9-10.2
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Of all the choices, which one should you budget for first?
Groceries
Entertainment
Cell Phone Bill
New Car
Tags
CCSS.6.EE.B.8
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If your monthly totals for your budget are more than your actual monthly income you are considered ______________ budget.
over
under
on
within
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Taking more money out of your account than is available is called?
Overdraw
Deposit
Withdraw
Balance
Tags
CCSS.6.NS.C.5
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