Budget Review Quiz

Budget Review Quiz

9th - 12th Grade

31 Qs

quiz-placeholder

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Budget Review Quiz

Assessment

Quiz

Life Skills

9th - 12th Grade

Practice Problem

Medium

Created by

Jorji Sparrgrove

Used 5+ times

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31 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is a budget advantage?

Budgets help you avoid impulse buying.

Budgets take time.

You don't always get what you want.

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Which TWO are FIXED expenses?

haircuts

eating out with friends

car payment

mortgage

entertainment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Refers to money spent on non-necessities or "wants."

fixed expense

budget

delayed gratification

discretionary spending

instant gratification

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Set amounts you must pay at a specific due date.

fixed expense

delayed gratification

discretionary spending

instant gratification

budget

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written plan for your money.

discretionary spending

instant gratification

delayed gratification

fixed expense

budget

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Receiving an immediate sense of reward.

delayed gratification

discretionary spending

fixed expense

instant gratification

budget

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Having the self-control to postpone satisfaction to reach a bigger goal.

delayed gratification

discretionary spending

budget

fixed expense

instant gratification

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