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Budgeting Vocabulary

Authored by Chelsea Vice

Mathematics

9th - 12th Grade

CCSS covered

Used 20+ times

Budgeting Vocabulary
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is a spending plan for managing money during a given period of time

debt
expense
budget
fixed expense

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Expenses that do not change from month to month, such as auto insurance or rent.

Variable Expenses
Fixed Expenses

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Expenses that vary from month to month, such as entertainment, car repairs, or doctor bills.

Variable Expenses
Fixed Expenses

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The next best alternative given up when making a financial choice.

Scarcity
Opportunity Cost

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The economic condition of limited resources that prevents people from having everything they want.

Scarcity
Opportunity Cost

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To put money to use by buying a part of something, so that you may have profitable returns.

Investing

Interest

Opportunity Cost

Financial Planning

Tags

CCSS.L.11-12.6

CCSS.L.8.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The making of a program to manage finances through budgeting and investment.

Opportunity Cost

Personal Investments

Mortgage

Financial Planning

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

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