Budgeting Quiz

Budgeting Quiz

Professional Development

15 Qs

quiz-placeholder

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Budgeting Quiz

Budgeting Quiz

Assessment

Quiz

Business

Professional Development

Practice Problem

Medium

Created by

Michael Kennedy

Used 3+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an asset?

A valuable thing or quality

A cost required for something

The total wealth of an individual

The money one has saved

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

A written record of money flow

An informal document for cash flow

A method for visualizing expenses

A monetary target to strive for

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a spending plan?

An informal document for cash flow

A method for visualizing expenses

A monetary target to strive for

A valuable thing or quality

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the envelope money system?

A method for visualizing expenses

A popular budgeting method

A monetary target to strive for

A valuable thing or quality

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an expense?

A valuable thing or quality

A cost required for something

The total wealth of an individual

The money one has saved

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are financial goals?

A valuable thing or quality

A cost required for something

Monetary targets to strive for

The money one has saved

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is financial planning?

A written record of money flow

An informal document for cash flow

A document detailing financial circumstances

A monetary target to strive for

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