Budgeting

Budgeting

12th Grade

12 Qs

quiz-placeholder

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Budgeting

Budgeting

Assessment

Quiz

Mathematics

12th Grade

Easy

CCSS
6.RP.A.3C, 6.EE.B.8, 8.F.B.4

+16

Standards-aligned

Created by

Laura Causey

Used 5+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

Wants

Necessary items for life that are paid monthly/yearly such as food, housing, transportation, utilities, insurances

Expenses that equal all the fixed and variable expenses added together

Things or tems that a person would like to own or purchase that is not necessary for life; Ex. entertainment, video games, etc.

Income from all possible sources

Tags

CCSS.6.EE.B.8

2.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

Budget

Anything that you might incur an expense for

Is a spending plan for managing your money that includes income and expenses

All expenses deducted from income before net pay can result.

Income after all deductions have been paid.

3.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

Total monthly income

Income from only one source

Total income of your parents and siblings added to your income.

Income from all possible sources.

A spending plan of expenses

Tags

CCSS.8.F.B.4

CCSS.HSF.IF.B.6

4.

MULTIPLE CHOICE QUESTION

5 mins • 5 pts

Needs

Necessary items that are paid monthly./yearly such as food, housing, transportation, utilities, & Insurance

Things you would like to have but are not necessary for life.

Income from all sources that are spent for necessary items

Anything that you might incur an expense for.

Tags

CCSS.3.OA.D.9

5.

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

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

6.

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

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Medical care is an example of a ______

Need 
Want

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.RL.1.4

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