Money Matters-Semester 1 Review

Money Matters-Semester 1 Review

9th Grade

40 Qs

quiz-placeholder

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Money Matters-Semester 1 Review

Money Matters-Semester 1 Review

Assessment

Quiz

Computers

9th Grade

Practice Problem

Easy

Created by

Kimberly Davis

Used 1+ times

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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

A plan for how to manage and spend money

A way to make investments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of personal finance?

To earn more money than you spend

To manage income and expenses wisely

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an emergency fund?

Money used for vacation expenses

A savings buffer for unexpected expenses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a good example of fixed expenses?

Groceries

Rent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary benefit of creating a financial plan?

Helping to achieve financial goals

Reducing income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is gross income?

Total earnings before deductions and taxes

Income after taxes and deductions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is net income?

Earnings after taxes and deductions

Total earnings before deductions

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