Budgeting Quiz

Budgeting Quiz

University

13 Qs

quiz-placeholder

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Budgeting Quiz

Budgeting Quiz

Assessment

Quiz

Life Skills

University

Medium

Created by

April Phelps

Used 4+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between wants and needs?

Wants- Something that's just nice to have.

Needs- Something we have to have to survive.

Wants- Something we have to have to survive.

Needs- Something that's just nice to have.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a want?

Clothing

Rent

Gas

Entertainment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a need?

Groceries

Gym Membership

Eating out

Phone

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are fixed expenses?

Expenses that come every month no matter what

Expenses that can change from month to month

Expenses that are unexpected

Expenses that are not necessary

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are variable expenses?

Expenses that come every month no matter what

Expenses that can change from month to month

Expenses that are not necessary

Expenses that are unexpected

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a variable expense?

Car insurance

Emergency Saving

School Books

Rent

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a fixed expense?

Eating out

Gas

Entertainment

Car maintenance

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