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Identifying Income and Expenses: Vocabulary quiz

Authored by Eduardo Villalobos

Financial Education

12th Grade

Used 1+ times

Identifying Income and Expenses: Vocabulary quiz
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5 questions

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1.

DRAG AND DROP QUESTION

1 min • 1 pt

Money that a person or household earns from work, investments, or other sources.​ (a)  

Income
Expense
Debt

2.

DRAG AND DROP QUESTION

1 min • 1 pt

The money that a person or household spends on goods, services, and bills.​ (a)  

Expenses
Income
Savings

3.

DRAG AND DROP QUESTION

1 min • 1 pt

A plan that outlines how much money is earned( income) and how much is spent (expenses) over a certain period.​ (a)  

Budget
Loan
Savings

4.

DRAG AND DROP QUESTION

1 min • 1 pt

Money that is set aside and not spent, usually to achieve a specific goal or for emergencies​ (a)  

Savings
Expenses
Debts

5.

DRAG AND DROP QUESTION

1 min • 1 pt

Using money to buy something with the expectation that it will grow in value or provide income in the future.​ (a)  

Investment
Donation
Gambling

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