Personal Budget
Flashcard
•
Other
•
9th Grade
•
Hard
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14 questions
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1.
FLASHCARD QUESTION
Front
Which of the following refers to personal belongings which have value? Assets, Liabilities, Net worth, Net profit
Back
Assets
2.
FLASHCARD QUESTION
Front
__________ is a personal asset.
Back
Cash
3.
FLASHCARD QUESTION
Front
Saoirse has total assets of $120,000 and total liabilities of $80,000. What is her net worth?
Back
$40,000
4.
FLASHCARD QUESTION
Front
Which of the following are itemized summaries of the expected income and expenses for a defined period, typically one month? Assets, Liabilities, Budgets, Finances
Back
Budgets
5.
FLASHCARD QUESTION
Front
Which would be considered a short-term goal? Options: Saving for college, Saving for retirement, Starting a new career, Saving for a family vacation
Back
Saving for a family vacation
6.
FLASHCARD QUESTION
Front
Callum is the type of person who likes to plan for the future and be prepared for any type of financial situation, Callum is most likely a _________.
Back
Security seeker
7.
FLASHCARD QUESTION
Front
Budgets rely on balance.
Back
True
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