Chapter 7: Money In Review

12 Questions  I  By [email protected] on October 1, 2009
A quiz on budgeting. 

  
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Question Excerpt

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