Discretionary Spending
Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
Merridee Gibson
Used 2+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT component of a budget?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How often should you create a budget?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Going to the movies is an example of what types of expenses?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you do if you overspend in one category of your budget?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term means buying goods according to what one want or needs?
Fixed Expenses
Discretionary Spending
Flexible Expenses
Budget
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for factors that motivate or influence human behavior?
opportunity costs
assets
income
incentives
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Melissa is having a bad day after school and decides to take a trip to Publix. During her shopping trip she decides to spend her allowance on chips and soft drinks. What type of expense is this?
Essential Expense
Discretionary Expense
Operating Expense
Rent Expense
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