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Budgeting pretest

Authored by ALEXANDRA FOTI

Business

10th Grade

Used 7+ times

Budgeting pretest
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a component of a budget?

Giving

Income

Saving

Credit score

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many categories should you have in your budget

15 or more

no more than 10

At least 3

No limit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often should you create a budget

Daily

Weekly

Monthly

Biannually

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you get married, only one person is responsible for budgeting

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a budget show you?

How much money you plan to come in and go out during the month

How much you need to save

How much money you need to earn

How much money you spent last month

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many months does it usually take for your budget to start working as a budget should

One

Four

Five

Three

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is tracking your expenses throughout the month important?

It really isn't that important in the long run

It helps you pull money from your savings to spend in other categories

It gives you insight into whether you're sticking to the budget you set.

It allows you to delete categories you don't like

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