
Budgeting Quiz
Authored by Madeleine Bemel
Business
6th Grade
Used 2+ times

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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Is budgeting important?
Yes
No
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What are some Pros of budgeting?
Budgeting helps you save money and keep track of expenses.
Budgeting creates an inflexible plan.
Budgeting helps you predict the future.
Budgeting leaves you unprepared for the future.
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
What is budgeting?
The process of calculating how much money you earn, and deciding how to spend it.
The process of calculating how much money you owe in debts, and then paying it off.
The action of calculating how much money a certain job pays.
None of the above.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are some types of budgeting?
Strategic Plan Budget, and Labor Budget.
Cash Budget, Master Budget, and Operating Budget.
Capital Budget, and Financial Budget.
All of the above.
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
According to Budgeting Basics, budgeting is about...
Predicting how much money you'll make in future months.
Saving up money in case crisis strikes.
Calculating how much money you make currently and planning around that.
Spending all your money without a plan.
6.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What are some Cons of budgeting?
Budgeting can lead to inflexibility and indecision.
Budgeting helps you predict the future.
Budgeting leaves you unprepared for the future.
Budgeting is too hard.
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