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Worksheets2.05 Spending Plans
Total questions: 12
Worksheet time: 6mins
A spending plan is also known as a?
Tax form
Paper trail
Well-being domain
Budget
A statement of financial position that shows both _________ and actual income and expenses
unplanned
planned
Which financial document does a spending plan look like
Statement of financial position
Income and expense statement
Which step of the spending plan requires you to set a time period
Track current income and expenses
Personalize the plan
Allocate money to each category
Implement and control
Evaluate and make adjustments
Which step of the spending plan requires you to stick to the budgets you made
Track current income and expenses
Personalize the plan
Allocate money to each category
Implement and control
Evaluate and make adjustments
Which step of the spending plan considers how much to spend on each category of expenses
Track current income and expenses
Personalize the plan
Allocate money to each category
Implement and control
Evaluate and make adjustments
Which step of the spending plan makes you identify your income and expenses
Track current income and expenses
Personalize the plan
Allocate money to each category
Implement and control
Evaluate and make adjustments
Which step of the spending plan is where you ask "how well did my plan work"
Track current income and expenses
Personalize the plan
Allocate money to each category
Implement and control
Evaluate and make adjustments
A spending plan is an income and expense statement that records both planned and ________ income and expenses
Fake
Planned
Actual
Outrageous
Which step of the spending plan requires you to identify how to record your plan
Track current income and expenses
Personalize the plan
Allocate money to each category
Implement and control
Evaluate and make adjustments
Which is NOT a way to develop a spending planIn
Paper/Pencil
Spreadsheet
Apps
In your head
A spending plan ensures you are being ________ about your spending
Bad
Optimistic
Realistic
Outrageous
