Budgeting Terms Quiz
Quiz
•
Financial Education
•
9th Grade
•
Hard
Jason Cross
FREE Resource
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15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a plan for managing income, expenses, and savings over a specific period called?
Revenue
Budget
Expenses
Savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes the total amount of income generated from various sources before any expenses are deducted?
Revenue
Budget
Expenses
Savings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the costs incurred in the process of generating revenue, including both fixed and variable costs, called?
Revenue
Budget
Expenses
Savings
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the portion of income not spent on current expenses and set aside for future use called?
Revenue
Budget
Expenses
Savings
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the act of allocating money into financial schemes, shares, or property with the expectation of achieving a profit called?
Giving
Investing
Budgeting
Saving
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the act of providing resources, such as money, to others without expecting anything in return, often as a donation, called?
Giving
Investing
Budgeting
Saving
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a digital document, such as Google Sheets, used for organizing, analyzing, and storing data in tabular form called?
Formula
Cell
Spreadsheet
Sheet
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