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Worksheets7 BST review 3
Total questions: 15
Worksheet time: 11mins
Is this an income or expense?
Pocket money
Income
Expense
Is this an income or expense?
Going to the movies with friends
Income
Expense
Is this an income or expense AND service or good? There are 2 answers
You are washing someone's dog
Income
Expense
good
service
David has an income of $15.00 and spends $10 a week at the tuck shop . Is he within budget?
Yes
No
Which of these is the correct way to calculate savings
Expenses-income=saving
savings-income=expenses
Income-savings=savings
Income-expenses=savings
Jenna wants to save more money. She spends a lot on food and entertainment. Which of the following would help? (hint: choose 2 correct answers)
Don't pay her phone bill and use that money
Make lunches at home instead of buying them
Shout her friends when they can't afford the movies
Cut down how often she goes out
If an expense can NOT be removed from your budget to save money, it is considered a _____.
Income
Want
Need
Savings
An amount of money in your budget spent to buy or do something that is the EXACT same amount every week is called a
Variable Expense
Income
Emergency Fund
Fixed Expense
The detailed plan of how you are going to use your money to pay for things you want and need is called a.....
Budget
Income
Expenses
Excel table
Budget expenses that costs a different amount each time are called a....
Fixed Expense
salary
Variable Expense
Income
How many days in a year?
365
400
250
300
How many weeks in a year?
52
24
35
40
How many hours is full-time work?
38
whatever they can get
at least 1
100
True or False: If you can, you should set aside money for emergencies?
True
False
