Budgeting
Flashcard
•
Life Skills
•
9th - 12th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Which of the following are TRUE about gross income and net income? They are the same thing, Gross income is the total amount earned AFTER deductions, Gross income is the total amount earned BEFORE deductions, Net income is the total amount earned BEFORE deductions
Back
Gross income is the total amount earned BEFORE deductions
2.
FLASHCARD QUESTION
Front
Which of the following might you pay WHEN you sign your lease? Finder's fee, Application fee, Security deposit, Renter's insurance
Back
Security deposit
3.
FLASHCARD QUESTION
Front
According to a rule of thumb, rent shouldn't take up more than ___ % of your take-home pay.
Back
25-30%
4.
FLASHCARD QUESTION
Front
Which of the following is a step you can take to mitigate the risk of buying a used car? Get a vehicle history report, Have a mechanic inspect the car after you buy it, Skip the test drive; you have time after you buy it to drive, Buy a more expensive vehicle to ensure quality
Back
Get a vehicle history report
5.
FLASHCARD QUESTION
Front
Which of the following is NOT a cost of owning a car? License and Registration fees, Gasoline, Utilities, Insurance
Back
Utilities
6.
FLASHCARD QUESTION
Front
Which of the following is TRUE about unit pricing? Unit prices can help you compare the prices of similar items , Unit price labels are universal throughout the country , It's easy to compare quantities on a unit price label , All states require unit price labels
Back
Unit prices can help you compare the prices of similar items
7.
FLASHCARD QUESTION
Front
A 18oz box of cereal costs $4.99. How would you calculate the unit price?
Back
$4.99 / 18oz
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