Module 101-102 Review Part 2 Question Preview (ID: 33526)


Module 101-102 Review Part 2. TEACHERS: click here for quick copy question ID numbers.

When you use a weekly budget, it is impossible to plan for a monthly expense.
a) True
b) False
c)
d)

Discretionary income may be used to pay for short-term financial goals.
a) True
b) False
c)
d)

Weekly budgets are
a) meant to account for income and expenses over a period of 28-31 days
b) tough to maintain
c) flexible
d) easy to ignore

Paying for ______ is an example of an essential expense.
a) A. a cup of coffee
b) B. a music download
c) C. cold medicine
d) D. a basketball jersey

______ are examples of financial obligation expenses.
a) Credit card bills
b) Gym fees
c) Haircuts
d) Birthday presents

When creating a budget, it helps to ______ your expenses.
a) leave out
b) underestimate
c) use a credit card for all of
d) categorize

Discretionary income is the same thing as ______ income.
a) essential
b) disposable
c) short-term
d) anticipated

A _____ budget is ideal for a person who gets paid weekly or does not make the same amount of money each week.
a) long-term
b) monthly
c) weekly
d) daily

If you get paid ______, then a monthly budget is ideal.
a) Daily
b) weekly
c) monthly
d) annually

The money you have left over after you have deducted all expenses from your income during a budgetary period is called your
a) unanticipated income
b) winnings
c) anticipated income
d) savings

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 33526 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In
| Sign Up / Register