Balance Budget

Balance Budget

5th Grade

7 Qs

quiz-placeholder

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Balance Budget

Balance Budget

Assessment

Quiz

Mathematics

5th Grade

Practice Problem

Easy

CCSS
7.EE.B.3, 6.EE.B.8, 6.EE.B.6

+1

Standards-aligned

Created by

Kireston Harris

Used 2+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In July, Delilah would like to get a new cell phone plan that costs $30 per month. She can increase her paper route to $25 per month. She would like to continue buying comics and renting video games. Which of the following will allow her to keep a balanced budget?


Keep her expenses the same, and increase her income by $10 per month. 

Spend no more than $15 on comics and increase her income by $5 per month.

  1. Spend no more than $10 on comics and $10 on games. 

  1. Spend no more than $15 on comics and $7 on games.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Jackie wants to buy some music online but also have a balanced budget. Based on Jackie’s current budget, what is the greatest amount of money she can spend on music?

20

45

150

10

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sasha’s expenses are greater than her income. Which of the following could Sasha increase in order to balance her budget?

Loan Payment

Music Downloads

Charity Dontations

Hourly Pay

Tags

CCSS.6.EE.B.8

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Peters wants to spend an extra $150 this weekend on a family outing to the state fair. Which of the following could be a way to adjust his budget to allow for the extra expense?

  1. Work fewer hours this week.

Work Overtime

Give money to charity

Increase gas usage

Tags

CCSS.6.EE.B.6

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rico makes a monthly budget. His monthly allowance is $40. He makes $25 each month from mowing the neighbor's lawn. Rico’s monthly expenses are $75. How much does he need to earn from babysitting to balance his budget?

75

10

50

35

Tags

CCSS.3.OA.D.8

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When expenses are equal to income; also known as a zero budget; extra money not spent on itemized expenses can be allotted to savings in order to balance a budget

Budget

Balanced Budget

Expenses

Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

Money that I can spend on what I want

Something that is hard to understand

An organized plan for spending and saving money