What is a primary source of income for most individuals?
Income & Expenditure Quiz

Quiz
•
Business
•
12th Grade
•
Medium
Richard Collins
Used 5+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investments
Employment
Lottery winnings
Inheritance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a tool commonly used for budgeting personal finances?
Spreadsheet
Text editor
Photo editing software
Music player
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to record income accurately?
Estimating income to the nearest thousand
Writing down income as soon as it is received
Only recording income from primary jobs
Rounding income figures to make calculations easier
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of expenditure is typically considered fixed?
Dining out
Vacation expenses
Rent
Shopping for clothes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a variable expense?
Mortgage payment
Car insurance
Electricity bill
Gym membership
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to analyze expenditure patterns?
To prepare for tax season
To identify areas for potential savings
To impress friends
To find the best deals on products
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is considered a secondary source of income?
Salary from primary job
Interest from savings
Gift money
Loan repayment
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