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WorksheetsBudgeting and Communication
Total questions: 10
Worksheet time: 9mins
A plan for managing income and expenses, also called a spending plan is (a)
The total Personal income BEFORE taxes and deductions
Net Income
Gross Income
Expenses
Assets
The exchange of thoughts, opinions, or information by speech, writing, or signs
Communication
Body language
Deductions
Gross Income
Items of value that are owned by a business, institution, or individual
Budget
Needs
Assets
Financial Plan
Match the asset and the need
Asset
Boat
Need
Electricity
Expense
Taco Bell Dinner
The cost of goods and services, including those that are fixed (such as rent and auto loan payments) and those that are variable (such as food, clothing, and entertainment)
Expense
Needs
Deductions
(a) are Items that are essential to someone's survival. In personal finance, needs are things like utility bills and debt payments
Wages taken from an employee's gross income for the purpose of benefits, like health insurance and retirement
Expense
Taxes
Deductions
Needs
Reorder the following in the correct order
Gross Income
Minus Taxes and Deductions
Net Income
(a) includes facial expressions, eye behavior, gestures, and posture
