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Budgeting Review

Authored by TONYA VOWELS

Business

1st - 12th Grade

Used 40+ times

Budgeting Review
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16 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The ability to meet essential needs without taking on more debt than you can repay.

~Being able to manage financial resources.

Budget

Financial Security

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A spending plan for the use of money over time based on goals and expected income. 

Budget

pyf

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A summary of the amount of money received as well as the amount paid out for goods and services during a specific period.

Back

Cash flow statement

pyf

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Major problem that impacts the future of the family and its lifestyle

family crisis

cash flow statement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of a good or a service a person buys or pays for

asset

expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Pay yourself first (PYF)

make yourself a bill and save regularly

give to your church

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Any form of money you receive

liability

income

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