The Art of Budgeting Quiz

The Art of Budgeting Quiz

9th - 12th Grade

10 Qs

quiz-placeholder

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The Art of Budgeting Quiz

The Art of Budgeting Quiz

Assessment

Quiz

Mathematics

9th - 12th Grade

Practice Problem

Medium

CCSS
3.NF.A.3C, 6.EE.A.1

Standards-aligned

Created by

Arlene Seale

Used 3+ times

FREE Resource

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The budgeting process starts with monitoring current spending.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most short-term goals are based on activities over the next two or three years.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A typical long-term goal may involve saving for college for parents of a newborn child.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rent is considered a fixed expense.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Flexible expense stay about the same each month.

True

False

Tags

CCSS.3.NF.A.3C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The final phase of the budgeting process is to ...

set personal and financial goals

compare your budget to what you actually spent

review financial progress

monitor current spending patterns

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a long-term goal would be

an annual vacation

saving for retirement

buying a used car

completing college within the next 6 months

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