24/25 PFL Quiz

____________ is giving money to charity or other people.

• Spending

• Deposit

• Receipts

• Sharing

Which of the following IS a Fixed Expense?

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• 
• 
• 

Which of the following is NOT a Financial Institution?

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• 
• 
• 

____________ is trading money for goods or services.

• Spending

• Profit

• Sharing

• Withdrawal

What is the equation we use to find profit?

• P=E-I

• E=P-I

• P=I-E

• I=P+P

Which of the following IS a Variable Expense?

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• 
• 
• 

When you put money aside to buy something in the future, it is called____________.

• Spending

• Saving

• Depositing

• Withdrawing

What it is called when you place money into an account?

• Deposit

• Sharing

• Spending

• Withdrawal

Sally sells beaded bracelets at a craft sale. She spends $20 total to make all of her bracelets and she sold all 30 of her bracelets for $5 each. What was her prfofit?

• $150

• $10

• $130

• $25

_________ are amounts of money spent.

• Saving

• Expenses

• Income

• Profit