Budgeting

Budgeting

11th Grade

20 Qs

quiz-placeholder

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Budgeting

Budgeting

Assessment

Quiz

Social Studies

11th Grade

Medium

Created by

Alejandro Sanchez

Used 7+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial plan where money for all variable spending is taken out in cash and placed in labeled envelopes by budget category and then spending occurs only from the envelopes

salary

cash envelope budget

residential lease

wage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A fixed amount of money paid to an employee for each pay period.

cash envelope

surplus

residential lease

Salary

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract between a tenant and a landlord providing the rules and costs for renting the property

residential lease

zero-based budget

gross pay

surplus

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount of money paid to an employee at a specific rate per hour worked.

freelancer

surplus

wage

cash

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial plan where every anticipated earning is assigned a role to be spent, saved, or invested somewhere, so there's no "leftover" money with no purpose

zero-based budget

surplus

wage

cash envelope budget

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total earnings before any deductions are taken

freelancer

gross pay

pay yourself first

deduction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When your income exceeds your expenses and you money leftover

wage

residential lease

surplus

deduction

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