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ASSIGNMENT 3 - BUSINESS BOOK (2)
Test Description: MULTIPLE CHOICE
Instructions: Answer all questions to get your test result.
1) An example of what would be included in a food budget is
A
electric.
B
Acme shopping.
C
boots
D
prescriptions
2) An example of what would be included in a household personal needs is .
A
prescriptions
B
Acme shopping.
C
cleaning products
D
electric.
3) An example of what would be included in a savings budget is
A
college fund for kids.
B
prescriptions
C
cleaning products
D
electric.
4) An example of what would be included in a recreation budget is
A
trip to Walt Disney World.
B
cleaning products
C
college fund for kids.
D
prescriptions
5) An example of what would be included in a big item for the home is
A
a big screen tv.
B
prescriptions
C
trip to Walt Disney World.
D
college fund for kids.
6) Pet care could go in its own separate place on your budget or under health care.
A
FALSE
B
TRUE
7) As you marry and have children your budget will change.
A
TRUE
B
FALSE
8) 50% off is a better deal than 60% off in savings.
A
FALSE
B
TRUE
9) 75% off is a better deal than 50% off in savings.
A
TRUE
B
FALSE
10) Items that you use to keep your body clean or make it look better. These items belong under ‘personal needs’ in the budget.
A
FALSE
B
TRUE
*select an answer for all questions
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