College Prep Final Study Guide: Budgeting and Finance

College Prep Final Study Guide: Budgeting and Finance

9th - 12th Grade

21 Qs

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College Prep Final Study Guide: Budgeting and Finance

College Prep Final Study Guide: Budgeting and Finance

Assessment

Quiz

English

9th - 12th Grade

Easy

CCSS
7.RP.A.3, RI.9-10.4, RL.11-12.6

+21

Standards-aligned

Created by

Krissy Lee

Used 3+ times

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21 questions

Show all answers

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.7.1

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.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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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