Budgeting Basics: RT

Budgeting Basics: RT

Professional Development

7 Qs

quiz-placeholder

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Budgeting Basics: RT

Budgeting Basics: RT

Assessment

Quiz

Life Skills

Professional Development

Practice Problem

Easy

Created by

Holly VanHoose

Used 4+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • Ungraded

Media Image

I know what a budget is.

Absolutely.

Somewhat.

Meh...

Nope, no clue.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Budgeting is:

A spending plan tracking monetary inflow and outflow over a specific period of time

Something only accountants do

Tracking expenses

A new form of exercise, similar to Zumba

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

A budget can include:

Multiple categories for inflow and outflow

Tracking expenses

A set spending limit

A savings category

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

An expense is:

Something I have far too many of

Money that you earn

Money that you spend

A plan to track how you spend your money

5.

MULTIPLE CHOICE QUESTION

45 sec • Ungraded

Media Image

A departmental budget is specific to each department within an organization.

True

False

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

A departmental budget should include:

A party planning committee

A certain amount of money and how the department plans to spend that money during a specific time period

All the money a business will spend during that time period

Only the total planned expenses for that department

7.

MULTIPLE CHOICE QUESTION

45 sec • Ungraded

Media Image

Recreational Therapists should know to create and maintain a budget.

True

False

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