Budget

Budget

1st - 5th Grade

10 Qs

quiz-placeholder

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Budget

Budget

Assessment

Quiz

Mathematics

1st - 5th Grade

Practice Problem

Easy

CCSS
6.NS.B.3, 7.EE.B.3, RI.3.10

+14

Standards-aligned

Created by

Aarav Aarav

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 1. What is the formula to find savings?

Savings = Income + Expenditure

Savings = Income / Expenditure

Savings = Income x Expenditure

Savings = Income - Expenditure

Tags

CCSS.7.EE.B.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 2. What is the formula to find expenditure?

Expenditure = Income / Savings
Expenditure = Income x Savings
Expenditure = Income + Savings
Expenditure = Income - Savings

Tags

CCSS.6.NS.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 3. What is the total income of Mr. Rathod if his income sources are-

  2. salary: 20,000

  3. agriculture: 10,000

  4. businesses: 15,000

  5. share market: 50,000

75,000
100,000
80,000
95,000

Tags

CCSS.6.NS.B.3

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

  1. 4. If the expenditure exceeds the income we are in a __________.

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. What is budget?

A type of fruit
A financial plan for a defined period
A type of exercise
A type of weather

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 6. what is an income?

A type of animal
A type of car
A type of fruit
Money received in exchange for providing a good or service.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. 7. What is an expenditure?

The act of saving money for future use
The act of spending money or using resources to purchase goods or services
The act of borrowing money from others
The act of investing in stocks or real estate

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