

Budgeting and Fractions Flashcard
Flashcard
•
Mathematics
•
9th Grade
•
Practice Problem
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a budget?
Back
A budget is a plan that outlines expected income and expenses over a specific period, helping individuals manage their finances.
2.
FLASHCARD QUESTION
Front
How do you calculate the remaining budget after expenses?
Back
Subtract the total expenses from the total budget. For example, if the budget is $500 and expenses are $250, remaining budget = $500 - $250 = $250.
3.
FLASHCARD QUESTION
Front
What is the total expense if you spend $150 on groceries, $200 on utilities, $100 on transportation, and $50 on entertainment?
Back
Total expenses = $150 + $200 + $100 + $50 = $500.
4.
FLASHCARD QUESTION
Front
What is an equivalent fraction?
Back
An equivalent fraction is a fraction that represents the same value as another fraction, even though the numerator and denominator may be different.
5.
FLASHCARD QUESTION
Front
Back
6.
FLASHCARD QUESTION
Front
How do you determine if two fractions are equivalent?
Back
7.
FLASHCARD QUESTION
Front
What is the process to create a budget plan?
Back
Identify income sources, categorize expenses, allocate funds to each category, and ensure total expenses do not exceed total income.
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