Family Budget

Family Budget

7th Grade

11 Qs

quiz-placeholder

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Family Budget

Family Budget

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Medium

CCSS
6.RP.A.3B, 7.EE.B.3, 7.NS.A.1C

+4

Standards-aligned

Created by

Latrina Bowen

Used 194+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image
If Sonya works 160 hours in one month, what is her average hourly wage to meet the budget of $3250? Round to the nearest cent.
$18.62
$20.31
$23.42
$24.14

Tags

CCSS.6.RP.A.3B

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image
Mr. Jones works 130 hours in one month. Mrs. Jones works 160 hours in one month. What is their average hourly wage to meet the budget of $3760 a month? Round to the nearest cent.
$12.97
$18.71
$22.94
$26.82

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

Arturo earned $100 last month from his afternoon babysitting job. The table shows Arturo’s budget. Which is a true statement about Arturo’s budget?

Arturo’s budget is not balanced because his expenses exceed his income.

Arturo will have a surplus because he plans to spend less than he earned.

Arturo’s budget is not balanced because he will spend all of his money.

Arturo’s budget is balanced because his expenses equal his income.

Tags

CCSS.7.NS.A.1C

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

Leon listed some expenses from last month on this table. Which of the following is a fixed expense?

Gifts for friends

Sodas

Car payment

Sports tickets

Tags

CCSS.3.OA.D.9

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Because the amount of money I spend on gas depends on the price of gas and how much I use, it is considered a...
Fixed Expense
Variable Expense
Discretionary Expense
Income

Tags

CCSS.5.OA.B.3

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is a good reason to save money?
To have money to buy things
To have money put aside for emergencies
For a future purchase
All choices

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What two things does a budget compare?
Income and Expenses
Savings and Interest
Income and Investments
Expenses and Expenditures

Tags

CCSS.6.RP.A.3

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