Budgeting

Budgeting

12th Grade

36 Qs

quiz-placeholder

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Budgeting

Budgeting

Assessment

Quiz

History

12th Grade

Medium

Created by

Serena Smith

Used 19+ times

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36 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If an expense can NOT be removed from your budget to save money, it is considered a _____.

Income

Want

Need

Savings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Preparing a budget includes
Income, Expenses, Saving
Only listing your expenses
Only listing your debts
Only listing your income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of Fixed Expenses include:
Mortgage, loans, rent
Cable, entertainment, food
Gas, food, phone
Clothing, gas, food

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which one is a fixed (same amount, same time) payment?

food

power

mortgage

petrol

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Car Payment
Fixed Expense
Variable Expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fixed or variable expense: Groceries

Fixed

Variable

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fixed or variable expense: Rent?

Fixed

Variable

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