Budgeting-Vocabulary Quiz
12th Grade
•15 Qs
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Budgeting-Vocabulary Quiz
Quiz
•
Mathematics
•
12th Grade
•
Hard
+14
Standards-aligned
Stephanie Turner
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
What is an expenditure?
An amount of money saved
An amount of money spent
An amount of money borrowed
An amount of money invested
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
2.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
What are monthly living expenses?
Expenses that occur once a year
Expenses that vary from month to month
Expenses that are fixed every month
Expenses that are optional
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
Which of the following is an example of a fixed expense?
Food
Utility bills
Rent
Transportation costs
Tags
CCSS.L.1.5A
CCSS.L.1.5B
CCSS.L.K.5A
4.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
What is a need?
A luxury item
An essential for daily life
A non-essential service
A monthly subscription
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
What is a want?
An essential item
A necessary service
A nice-to-have item
A fixed expense
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
What are annual expenses?
Expenses paid monthly
Expenses paid weekly
Expenses paid once a year
Expenses paid daily
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
7.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
What is the formula for balance?
Total Income + Total Expenses
Net Income - Total Monthly Expenses
Total Expenses - Net Income
Net Income + Total Monthly Expenses
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
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