Chapter 7: Money In Review

12 Questions  I  By [email protected]
A quiz on budgeting.  

  
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Question Excerpt

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1.  Form used by persons earning an inconsistent monthly income
A.
B.
C.
D.
2.  Your monthly budget should include
A.
B.
C.
D.
3.  Doing a budget does NOT:
A.
B.
C.
D.
4.  Helps people who forget to record checks in their register after writing them
A.
B.
C.
D.
5.  Another name for cash flow plan
A.
B.
C.
D.
6.  A written budget should be done every
A.
B.
C.
D.
7.  Process used to determine if the balance in your checking registry matches the balance reported on the bank statement
A.
B.
C.
D.
8.  Bounced checks are a sign of  ___________________ living.
A.
B.
C.
D.
9.  Why do you need a written budget even when you know you can afford your expenses?
10.  What would account for a difference in balances in your checkbook registry and bank statement after reconciling the two?
A.
B.
C.
D.
11.  What are some reasons why the balance in your checkbook might not match the balance on your bank statement?
12.  Form used to do a budget
A.
B.
C.
D.
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