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Budgeting

Authored by Dominick Petrosillo

History

12th Grade

Used 7+ times

Budgeting
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17 questions

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1.

DRAG AND DROP QUESTION

1 min • 1 pt

What is a Budget?

(a)  

A budget is one of the factors of production

A budget is a form of financial transaction

A budget is a type investment

A budget is a financial plan that outlines expecte

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which expenses needs? (all that apply)

Cell Phone Plan

Rent

Car Insurance

Electric Bill

3.

DRAG AND DROP QUESTION

1 min • 1 pt

Which expenses are wants? (all that apply)

(a)   (b)   (c)  

Movie Tickets
Fast Food

Gas For Car

Internet Service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When tracking a budget certain tools can help. What is the Notebook & pencil method of recording a budget?

budget but done on a computer.

you create and track your budget on your device

you take all of the money and put it in envelopes designated for each budget item or category. Once the envelope is empty you are done spending for that month.

you write out your income and expenses in a notebook.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When tracking a budget certain tools can help. What is the Envelope method of recording a budget?

Dividing budget into categories and putting cash into separate envelopes
Investing all the money in stocks
Keeping all the money in one account
Using a spreadsheet to track expenses

6.

DRAG AND DROP QUESTION

1 min • 1 pt

When tracking a budget certain tools can help. What is the Online App method of recording a budget?

(a)  

Using a calculator to manually add up expenses
Asking a friend to keep track for you
Writing it down on paper
Using budgeting apps or software available on the

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When tracking a budget certain tools can help. What is the Spreadsheet method of recording a budget?

Using software like Microsoft Excel or Google Sheets to record and track income, expenses, and savings
Using a calculator to manually add up income and expenses
Recording budget information in a word processing document
Using a pen and paper to write down income and expenses

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