profit and loss

Quiz
•
Social Studies
•
3rd Grade
•
Easy
Shelly Ann Morris
Used 7+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is a way to earn money?
walk your neighbor's dog
buy a new softball bat
save money in a bank
buy two CD's for $20
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is NOT a way to spend money?
buy your own lunch in your school cafeteria
give your brother $20 for his birthday
run errands for your older neighbors
donate $5 a week to your church offering
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which three columns are important to have on a budget?
Wants, needs, and supplies
income spending and saving
softballs, bats and gloves
week 1, week 2 an week 3
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a need?
A need is something you would like but can live without.
a need is a plan that shows income, spending and saving.
a need is the amount of money a person uses each day.
a need is something that person must have to live.
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is an example of a want?
a softball bat
fresh water
food to eat
a place to live
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is an example of an economic choice?
Robin chooses to buy a softball bat instead of two CD's.
Robin chooses to sit by her sister at lunch instead of by her friends.
Robin chooses to play softball instead of basketball.
Robin chooses to eat chicken nuggets instead of a hamburger at lunch.
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why did Robin make a chart about softball bats?
to give to the owner of the sporting goods store
to help her decide which one she should buy
to show her farther how to make a chart
to prepare for her test on softball bats
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