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UNIT 5: Budgeting & Expenses

Authored by Katharine Ruckel

Business

7th Grade

CCSS covered

Used 36+ times

UNIT 5: Budgeting & Expenses
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12 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The monetary cost of goods or services that are required to be paid in regular intervals are __________.

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Expenses are typically paid in __________ intervals.

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.K.5A

CCSS.W.2.3

CCSS.W.3.3C

3.

DRAG AND DROP QUESTION

1 min • 1 pt

​ (a)   are tangible objects. ​ (b)   are when you pay others to do something for you and are intangible. ​ (c)   is an example of a good. ​ (d)   is an example of a service.

Goods
Services
Clothing
Landscaping

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Needs vary based on the type of community you live in - rural, urban, suburban.

True

False

5.

MATCH QUESTION

1 min • 1 pt

Match the term to its proper definition.

want

Expenses that remain the same from month to month.

variable

Not necessary for survival/will improve your quality of life

fixed

Essential/necessary for survival

need

Expenses that change from month to month.

Tags

CCSS.L.7.6

CCSS.L.8.6

CCSS.W.6.2D

CCSS.W.7.2D

CCSS.W.8.2D

6.

DRAG AND DROP QUESTION

1 min • 1 pt

A​ (a)   is something that is​ (b)   to survive. A​ (c)   is ​ (d)   for survival but will improve your quality of life.

need
essential/necessary
want
not necessary

7.

DRAG AND DROP QUESTION

1 min • 1 pt

​ (a)   expenses are the same amount of money each month; they are ​ (b)   .​ (c)   expenses change each month; they are​ (d)   .

Fixed
predictable
Variable
not predictable

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