Budgeting Quizzes, Questions & Answers

Recent Quizzes

Test your knowledge on this fun quiz brought to you by National Priorites Project.

Questions: 10 | Attempts: 159 | Last updated: Nov 4, 2024

Sample Question
United States Citizens contribute what percent of the government’s total tax revenues each year (not including borrowing) through individual income taxes and payroll deductions?

25%

60%

75%

43%

Do You Know Budgetary Control? Play This Quiz

Do you know Budgetary Control? Play this Quiz

Budgetary control is a system in which actual income and spending are compared with planned income and spending so a planner can see if they should change some things on the budget to make a profit. How much do you know about...

Questions: 18 | Attempts: 809 | Last updated: Mar 18, 2023

Sample Question
Negative feedback may defined as

Providing misleading information to the management

Seeking to dampen the effect of any fluctuation from budget

Reporting only negative or adverse variances from budget.

Information which will reduce the level of expenditure.

Savings, Budgeting And The Value Of College

Savings, Budgeting and The Value of College

A review of savings and budgeting concepts for Eastside Prep Personal Finance course. Good luck!

Questions: 25 | Attempts: 158 | Last updated: Aug 23, 2024

Sample Question
What is the correct order of the steps needed to make good financial decisions?

Set Goal, Collect Info., Compare alternatives, Determine criteria, Decide

Decide, Determine criteria, Collect Info., Compare alternatives, Set Goal

Set Goal, Compare alternatives, Determine criteria, Collect info., Decide

Set Goal, Collect Info., Determine criteria, Compare alternatives, Decide

None of the above

Unit 2 - Budgeting

This test will test the students knowledge of the topic of Budgeting

Questions: 19 | Attempts: 1954 | Last updated: Mar 22, 2023

Sample Question
You should follow the same budget as long as necessary to control your spending and to meet your financial goals.

TRUE

FALSE

Learn About Budgets Accounting Trivia!

Learn about budgets Accounting trivia!

We love budgets. We love Gross vs net income. Play this quiz and learn this accounting quiz!

Questions: 9 | Attempts: 361 | Last updated: Sep 30, 2024

Sample Question
What is the difference between gross vs net pay?

Gross is the amount of money you get after taxes Net is before taxes

Gross and Net amounts are pretty much the same when you make between $40,000.00 and $60,000.00 every year.

Net is the amount of money after taxes Gross is the amount before taxes no matter how much money you make.

Net is the amount of money after taxes gross is the amount before taxes only when you make more than $20,000.00.

None of the Above

Chapter 7: Money In Review

Chapter 7: Money in Review

Chapter 7: Money in Review quiz assesses knowledge on budgeting practices, including tools for managing variable incomes and reconciling bank statements. It is crucial for enhancing financial literacy and ensuring effective...

Questions: 12 | Attempts: 820 | Last updated: Mar 21, 2023

Sample Question
Form used to do a budget

Monthly cash flow forms

Irregular income form

Budget

Reconcile

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