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Worksheets

Budgeting & Costing

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

To calculate the metal weight of a solid cube, you would require

a)

Metal/alloy chart

b)

Rapaport chart

c)

Diamond chart

d)

All of the above

2.

Budgets don’t guarantee success, but they certainly help to avoid failure.

a)

True

b)

False

3.

Specific gravity of 18kt green gold is

a)

15.18

b)

15.58

c)

15.90

d)

14.64

4.

The formula for volume is

a)

L + W + H

b)

L x W x H

c)

L x W - H

d)

L x W + H

5.

The formula for Hollow cylinder volume is

a)

2 𝞹 r

b)

ID + Thickness X 𝞹

c)

𝞹r2

d)

𝞹 h (r12 – r22)

6.

The specific Gravity of silver is

a)

10.49

b)

15.58

c)

11.07

d)

10.20

7.

Specific Gravity of Platinum is

a)

15.58

b)

10.20

c)

21.45

d)

13.07

8.

The formula to find the metal weight is X Specific Gravity of the desired karat.

a)

True

b)

False

9.

The diamond chart is used to calculate the prices of the diamond.

a)

True

b)

False

10.

Rapaport chart is used to get the diamond sizes and weight in cents/carat.

a)

True

b)

False

11.

Budgeting is balancing your expenses with your income.

a)

True

b)

False

12.

Costing is the process of bifurcating the manufacturing cost of the product including the required raw material cost.

a)

True

b)

False

13.

Specific Gravity of 18kt white gold is

a)

10.20

b)

14.64

c)

10.49

d)

13.07

14.

The process of creating a plan to spend your money is known as

a)

Costing

b)

Planning

c)

Calculation

d)

Budgeting

15.

The formula of Length of the circle is

a)

ID + Thickness x 𝞹

b)

2 𝞹 r

c)

ID x Thickness x 𝞹

d)

𝞹 h(r12 – r22)