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WorksheetsBanking Post Test
Total questions: 11
Worksheet time: 8mins
When creating a budget what financial information should you include?
Income & Expenses
Income, Expenses & Investment Goals (Savings)
Income, Expenses, Bills you've already paid
Once you develop a budget you should never change it?
True
False
You do NOT need to include an emergency fund in your budget?
True
False
What is income?
The money you have coming in
The money you are spending
What are expenses?
The money you have coming in
The money you are spending
There are ______ different types of expenses.
two
three
four
Which of the following is an example of a FLEXIBLE expense?
Car Payment
Electric Bill
New Sneakers
Which of the following is an example of a FIXED expense?
School Supplies
Groceries
Mortgage/Rent
A FIXED expense occurs ___________.
Every month and the amount stays the same.
Every month and the amount changes.
Occurs randomly and the amount changes.
A FLEXIBLE expense occurs __________.
Every month and the amount stays the same
Every month and the amount changes
Occurs randomly and the amount changes
Hannah spent $648.00 for the month, while her monthly income was $1155.00. How much did Hannah have at the end of the month?
Type your answer in the following format - $0000.00
