PF: Quiz 2-1

PF: Quiz 2-1

9th - 12th Grade

15 Qs

quiz-placeholder

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PF: Quiz 2-1

PF: Quiz 2-1

Assessment

Quiz

Financial Education

9th - 12th Grade

Practice Problem

Medium

Created by

LORI BOWMAN

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is money made through wages, allowances, etc. called?

Income

Expense

Debt

Loan

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A spending and saving plan based on expected income and expenses is called:

Budget

Invoice

Receipt

Loan

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Income from wages, investments, gifts, etc. is known as:

Cash Inflow

Cash Outflow

Liability

Expense

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Expenses or items that you spend money on are called:

Cash Outflow

Cash Inflow

Assets

Liabilities

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following lets you purchase what you need?

Budget

Income

Cash Outflow

Ethics

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which needs to be carefully managed to avoid running out of money?

Income

Budget

Cash Inflow

Job Description

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If cash inflow is greater than expenses, you are in:

Bad shape

Good shape

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