Understanding Expenses and Savings
Authored by Elissa Steer
Mathematics
4th Grade
CCSS covered
Used 4+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are expenses?
money spent on materials or bills
money earned
money you get to keep
Tags
CCSS.4.MD.B.4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a fixed expense?
Monthly rent
Grocery bills
Utility bills
Entertainment costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a variable expense?
Car insurance
Mortgage payment
Dining out
Internet subscription
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following describes the basic purpose of a financial institution?
To sell products
To keep money safe
To provide entertainment
To manufacture goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might someone borrow money from a bank?
To increase their savings
To pay for a large purchase
To avoid paying taxes
To reduce their income
Tags
CCSS.RI.3.3
CCSS.RI.4.3
CCSS.RI.5.3
CCSS.RI.6.3
CCSS.RI.7.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a fixed expense?
Gym membership
Clothing
Gasoline
Groceries
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a variable expense?
Car payment
Health insurance
Vacation costs
Rent
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