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7th grade 1/30 Budget practice

Total questions: 36

Worksheet time: 9hrs 0mins

Name
Class
Date
1.

What is money earned or received called?

a)

budge

b)

income

c)

expense

d)

transaction

2.

What is the term for putting money into your account?

a)

withdrawal

b)

register

c)

deposit

d)

available balance

3.

What is a small table to track income, expenses and available balance called?

a)

income

b)

transaction

c)

budget

d)

register

4.

What is a monthly or yearly saving and spending plan for a person, business or organization called?

a)

expense

b)

income

c)

budget

d)

deposit

5.

As payment for goods or services is called a/an _________.

a)

income

b)

deposit

c)

withdrawal

d)

expense

6.

What is the term for an amount available in an account for a person, business or organization to spend?

a)

available balance

b)

income

c)

expense

d)

budget

7.

What is the definition for money taken out of your account?

a)

withdrawal

b)

income

c)

deposit

d)

expense

8.

What does this picture show?

a)

withdrawal

b)

budget

c)

deposit

d)

expense

9.

What is happening in the picture?

a)

Available Balance

b)

Register

c)

Budget Meeting

d)

Transaction

10.

What are you doing when you break your piggy bank open?

a)

Deposit

b)

Register

c)

Withdrawal

d)

Budget

11.

What are the people in the picture doing?

a)

Budget Planning

b)

Making a withdrawal

c)

Register

d)

Available Balance

12.

In the picture the man is happy. What does this show?

a)

Income

b)

Expense

c)

Withdrawal

d)

Transaction

13.

This picture shows the man is stressed. What term does this picture represent?

a)

Income

b)

Expense

c)

Deposit

d)

Budget

14.

What does this picture show?

a)

Budget

b)

Spelling Test

c)

Math Homework

d)

Register

15.

What is the term for a specific time or instance when money changes hands?

a)

Budget

b)

Transaction

c)

Register

d)

Available Balance

16.

The picture shows money. What does this represent?

a)

Budget

b)

Register

c)

Expense

d)

Available Balance

17.

How much will you pay for a Crisy Chicken Salad?

a)

$4.27

b)

$6.25

c)

$2.30

d)

$4.65

18.

How much will you pay for a Jamocha and Vanilla shake?

(a)  

19.

How much will you pay for a medium Pepsi and a large Dr. Pepper?

a)

$5.38

b)

$4.48

c)

$5.48

d)

$5.12

20.

How much will you pay for two Ham 'N Cheese Sliders?

(a)  

21.

How much is a cherry turnover?

a)

$1.89

b)

$2.09

c)

$1.99

d)

$1.79

22.

How much will you pay for Corned Beef and Brisket?

(a)  

23.

How much will you pay for the Angus Philly and Apple Turnover?

a)

$6.44

b)

$6.54

c)

$7.54

d)

$7.44

24.

How much is a Brisk Green Tea Peach?

a)

$2.09

b)

$1.75

c)

$2.35

d)

$3.39

25.

How much is a Cherry Turnover and an Ice Tea?

a)

$4.78

b)

$4.68

c)

$5.78

d)

$4.77

26.

How much is a small Diet Pepsi?

a)

$1.09

b)

$1.19

c)

$1.29

d)

$2.09

27.

Chloe purchased a sandwich for $3.50, an Icee slush for $2.45, and two candy bars for $1 each at the concession stand. How much change would Chloe receive if she pays with a ten dollar bill?

a)

$2.05

b)

$7.95

c)

$17.95

d)

$3.95

28.

Alizay purchased a new school spirit shirt for $13.95. She gave the school store $20.00. How much change did Alizay receive?

a)

$9.95

b)

$7.95

c)

$6.95

d)

$6.05

29.

The table below shows the number of minutes Patricia spent doing her homework.

Which is the best estimate of the total number of minutes Patricia spent doing her homework?

a)

110 minutes

b)

122 minutes

c)

128 minutes

d)

136 minutes

30.

Joshua used his calculator to get the answer to a math problem. His calculator said 4.681. However, his teacher told him to round his answer to the nearest tenth. Which of the following is the correct way for Joshua to round this answer?

a)

4.6

b)

4

c)

4.7

d)

4.68

31.

Kimberly ran the 800 meter run in 2.58 minutes. Kamila ran the same race in 3 minutes. What was the difference between the girls’ times?

a)

0.42 minutes

b)

2.55 minutes

c)

3.58 minutes

d)

5 minutes

32.

Jasmine and Rachel made bracelets to sell. Jasmine made a total of 300 bracelets, which was 107 more than Rachel. How many bracelets did Rachel make?

(a)  

33.

Mr. Stewart has 9.375 liters of paint. What is this number rounded to the nearest hundredth?

a)

9.40

b)

9.38

c)

9.37

d)

9.47

34.

Larry's net income for the month of April was $2,438. The table shows his April budget except for an amount in the "Other" category. What amount, in dollars and cents, should be in the "Other" category for Larry's budget to be balanced?

(a)  

35.

So far this month James has the expenses and income shown in the chart. He wants to buy some music online but also have a balanced budget. Based on James's current budget, what is the greatest amount of money he can spend on music?

a)

$10

b)

$35

c)

$140

d)

$5

36.

Vonn's monthly budget is shown in the chart. He receives two paychecks per month. How much is Vonn's monthly car payment if his budget is balanced every month?

a)

$2,400

b)

$300

c)

$500

d)

$2,100