5/6/24 - Budgeting and Finances

5/6/24 - Budgeting and Finances

6th Grade

20 Qs

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5/6/24 - Budgeting and Finances

5/6/24 - Budgeting and Finances

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Shaun Saunders

Used 3+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • Ungraded

How's your day going?

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2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Want or Need?

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3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Want or Need?

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4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is generally the most expensive category in a person’s budget?

Healthcare

Clothing

Transportation

Housing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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