Money Matters Ch2 Review

Money Matters Ch2 Review

9th - 12th Grade

10 Qs

quiz-placeholder

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Money Matters Ch2 Review

Money Matters Ch2 Review

Assessment

Quiz

Financial Education

9th - 12th Grade

Medium

Created by

Ginger Prescott

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Taxes and withholdings impact your _____________________, which is the amount of money you take home on your paycheck

Net Income

Gross Income

Income Tax

Expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of groceries and gas is considered a(n) _________________.

Fixed Expense

Variable Expense

Intermittent Expense

Discretionary

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To budget with a(n) ____________________, prioritize expenses from most to least important so your most important expenses are covered first.

Irregular Income

Fixed Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n) _____________________ needs to be evaluated in light of your other expenses for the month

Discretionary Expense

Fixed Expense

Net Income

Gross Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n) _______________ expense stays the same from month to month.

Fixed

Discretionary

Intermittent

Variable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A(n) ___________________ should account for fixed, variable, intermittent, and discretionary expenses based on income.

Zero-based budget

Income

Variable budget

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Match definition to correct term:


Money earned

income

opportunity cost

risk

personal finance

budget

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