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Budgeting

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

What is a budget?

a)

الفلوس اللي معايا

b)

System

الي محددين فيه المصاريف و الارادات المتوقعة، بحيث ان المصروفات لا تزيد عن الارادات

c)

الاجابه الاولي و التانيه

2.

What is the first step in creating the budget?

a)

Gather Your Financial Paperwork

b)

Create a List of Monthly Expenses

3.

If you are debt-free , should you still do a budget?

a)

YES

b)

NO

4.

Expenses are always fixed?

a)

YES

b)

NO

5.

Will Educating yourself about finances, help ?

a)

DEFINITELY

b)

WON'T MATTER

6.

NOTEBOOK AND A PEN ARE BETTER THAN APPLICATIONS?

a)

NOTEBOOK

b)

APPLICATIONS

7.

Should we add a risk percentage even when we are in a safe place financially?

a)

won't matter

b)

yes

c)

no

8.

If there's a financial drop , what is the first thing you should do?

a)

increase sources of income

b)

remove variable expenses

c)

lower fixed expenses

9.

CASE:

SOMEONE IS ASKING YOU "I'M NOT GOOD AT MATH AND I WANT TO DO A BUDGET WHAT SHOULD I DO? "

a)

Budgeting is not for you

b)

you can use budgeting soft wares and application

c)

Assign someone to do it for you

10.

For risk management ,what should we do?

a)

ADD UNEXPECTED EXPENSES

b)

SAVE EMERGENCY MONEY

c)

NONE OF THE ABOVE

d)

ALL OF THE ABOVE