
PF: Quiz 2-1
Authored by LORI BOWMAN
Financial Education
9th - 12th Grade
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is money made through wages, allowances, etc. called?
Income
Expense
Debt
Loan
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A spending and saving plan based on expected income and expenses is called:
Budget
Invoice
Receipt
Loan
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Income from wages, investments, gifts, etc. is known as:
Cash Inflow
Cash Outflow
Liability
Expense
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Expenses or items that you spend money on are called:
Cash Outflow
Cash Inflow
Assets
Liabilities
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of the following lets you purchase what you need?
Budget
Income
Cash Outflow
Ethics
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which needs to be carefully managed to avoid running out of money?
Income
Budget
Cash Inflow
Job Description
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
If cash inflow is greater than expenses, you are in:
Bad shape
Good shape
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