Budgeting Vocabulary Quiz

Budgeting Vocabulary Quiz

9th - 12th Grade

20 Qs

quiz-placeholder

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Budgeting Vocabulary Quiz

Budgeting Vocabulary Quiz

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Ps. Elston

Used 8+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

1.A plan for future spending and saving, weighing estimated income against estimated Expenses.

Gross Income

Debt

Expense

Budget

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

9.An account where money is kept for future use.

Income Tax

Overdraft Fees

Savings Account

Checking Account

3.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

Budgeting is crucial to your financial success.
True
False

4.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

Media Image
Why is budgeting important?
It's good to live pay check to paycheck
You should always live at your parents house
You might get into a house or other large expense  you can’t afford
Always spend more than you can afford

5.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

Which of the following is an example of a variable expense
Food
Rent
Car payment
Student loan

6.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

What is a need?

Something you must have

Something you'd like to have

Something you would like to do

All of the above

7.

MULTIPLE CHOICE QUESTION

15 mins • 4 pts

Of all the choices, which one should you budget for first?

Groceries

Entertainment

Cell Phone Bill

New Car

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