Personal Finance - CH02: OQs
Quiz
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Easy
+2
Standards-aligned
Ramsey Seweingyawma
Used 3+ times
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7 questions
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1.
OPEN ENDED QUESTION
5 mins • 10 pts
List the Four Walls. What priority are those in your budget?
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2.
OPEN ENDED QUESTION
5 mins • 10 pts
Explain the difference between a fixed expense and a variable expense, and include an example of each.
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3.
OPEN ENDED QUESTION
5 mins • 10 pts
What are some key components of successful budgeting?
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4.
OPEN ENDED QUESTION
5 mins • 10 pts
Describe irregular income and give examples.
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5.
OPEN ENDED QUESTION
5 mins • 10 pts
What makes a budget a zero-based budget?
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6.
OPEN ENDED QUESTION
5 mins • 10 pts
What's an example of an unexpected expense that may occur? How would you adjust your budget to ensure that you don't overspend that month?
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Tags
CCSS.RI.1.1
CCSS.RI.2.1
CCSS.RI.3.1
CCSS.RL.2.1
CCSS.RL.3.1
7.
OPEN ENDED QUESTION
5 mins • 10 pts
Explain cash-flow statements. How do they work and what specifically do they how you? Give examples of how a cash flow statement will help you adjust your budget for the following month.
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