Chapter 2 Review-Part 4
Authored by Jennifer Sadler
Financial Education
11th Grade
Used 1+ times
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5 questions
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1.
OPEN ENDED QUESTION
15 mins • 20 pts
Describe irregular income and give examples
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2.
OPEN ENDED QUESTION
15 mins • 20 pts
What makes a budget a zero-based budget
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3.
OPEN ENDED QUESTION
15 mins • 20 pts
What's an example of an unexpected expense that may occur? How would you adjust your budget to ensure that you don't overspend that month?
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4.
OPEN ENDED QUESTION
3 mins • 20 pts
Explain cash-flow statements. How do they work and what specifically do they show you? Give examples of how a cash flow statement will help you adjust your budget for the following month.
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5.
OPEN ENDED QUESTION
15 mins • 20 pts
How can you keep variable expenses from being a problem in your budget?
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