Although the majority of Americans think budgeting is important, about _______ of Americans actually use a budget.
Chapter 2 Personal Finance Quiz

Quiz
•
Business
•
11th Grade
•
Easy

Leslie Korman
Used 5+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
75%
50%
23%
35%
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is NOT a component of a budget?
Credit score
Saving
Income
Giving
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What are the Four Walls?
Utilities, college fund, restaurants, and car insurance
Cell phone bill, car insurance, shelter, and money for the movies
Food, utilities, transportation, and college fund
Food, utilities, shelter, and transportation
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How many categories should you have in your budget?
15 or more
No limit; use as many as you need to keep your budget accurate!
No more than 10
At least 3
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How often should you create a budget?
Daily
Weekly
Monthly
Biannually
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A budget says what will happen with your money, while a cash-flow statement shows what already happened.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How many months does it usually take for your budget to start working as a budget should?
Three
Four
Five
One
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