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Worksheets

Match the Items

Total questions: 10

Worksheet time: 11mins

Name
Class
Date
1.

Match the Items: Is 'Buying steel rods for a bridge' a Cost or an Expense?

a)

Cost

b)

Expense

2.

Match the Items: Is 'Paying workers’ salaries' a Cost or an Expense?

a)

Cost

b)

Expense

3.

Match the Items: Is 'Purchasing safety helmets' a Cost or an Expense?

a)

Cost

b)

Expense

4.

Match the Items: Is 'Electricity used during production' a Cost or an Expense?

a)

Cost

b)

Expense

5.

Match the Items: Is 'Renting a crane for construction' a Cost or an Expense?

a)

Cost

b)

Expense

6.

Match the Items: Is 'Buying design software' a Cost or an Expense?

a)

Cost

b)

Expense

7.
Why is it important to create a budget?
a)
You earn more money
b)
You get things you want before you get things you need
c)
Helps you plan how you are going to spend your money
d)
They're pointless
8.

What is the primary benefit of using a budgeting app to manage your finances?

a)

To get recommendations on stocks to invest in

b)

To track your spending and help you stick to your budget

c)

To automatically increase your credit score

d)

To transfer money internationally without fees

9.

Which of the following expenses should be included in a typical budget?

a)

taxes

b)

charitable giving - charities

c)

savings

d)

All of the expenses should be included in a typical budget

10.

Michelle works at a bank. Her net income is $3,600 per month. Below is Michelle's budget.


What does Michelle need to do in order to balance her budget?

a)

Spend $50 more on clothes

b)

Only put $350 in her savings

c)

Only spend $75 on entertainment

d)

Only spend $360 on transportation