
Math Apps Unit 5 Review
Authored by Lisa Miller
Mathematics
12th Grade
Used 1+ times

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14 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which one of the following is NOT a reason to create a budget each month?
It helps prevent you from overspending
It helps you save for future big purchases
It will do your tax return
It helps you save money for emergencies
2.
MULTIPLE SELECT QUESTION
2 mins • 1 pt
Select ALL of the following that are FIXED expenses.
Car payment
House payment/Rent
Groceries
Home/car Insurance
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What type of expense is "Groceries" (Choose the most specific response).
Fixed
Discretionary
Variable
None of these
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What type of expense is "Dining Out" (Choose the most specific response).
Fixed
Discretionary
Variable
All of these
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What type of expense is "Rent or Mortage" (Choose the most specific response).
Fixed
Discretionary
Variable
None of these
6.
MULTIPLE SELECT QUESTION
2 mins • 1 pt
Select ALL of the following that will either increase your income or decrease your spending.
Find a better paying job
Reduce energy bill by turning off lights, computers, etc when you are not using them.
Pay only half of your electric bill
Reduce the number of times you dine out (fast food or restaurants)
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Suppose your monthly net income is $2550.00 and you make sure all of it is in your budget. If your power bill is $250.00, what percent of your budget is this bill? Round to the nearest WHOLE percent
10%
9%
8%
12%
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