Review: Income & Expenditures

Beschreibung

Review for test.
Teacher Scott
Quiz von Teacher Scott, aktualisiert vor 8 Monate
Teacher Scott
Erstellt von Teacher Scott vor mehr als ein Jahr
103
0

Zusammenfassung der Ressource

Frage 1

Frage
Another word for job is ______________.
Antworten
  • salary
  • occupation
  • expenditure
  • savings

Frage 2

Frage
Choose the best definition for income.
Antworten
  • The money you spend every month.
  • The money you find in your couch.
  • The money you receive for doing a job.
  • The money you donate to people in need.

Frage 3

Frage
____________ is a type of monthly income.
Antworten
  • Salary
  • Celery
  • Savings
  • Expenditure

Frage 4

Frage
Savings = income - expenses
Antworten
  • True
  • False

Frage 5

Frage
Lisa's Dad has a salary of 10,000 baht. Her mom has a salary of 5,000 baht. What is their household income?
Antworten
  • 5,000 baht
  • 15,000 baht
  • 10,000 baht

Frage 6

Frage
Your a student, but your parents do not give you any money. One honest way you can get extra money is by . . .
Antworten
  • selling fruit
  • stealing from other kids
  • giving away candy

Frage 7

Frage
Patty paid all her expenses this month and has some money left-over. She decides to help some people who need food and clothes. She makes a __________________ to the local Red Cross.
Antworten
  • donut
  • occupation
  • donation

Frage 8

Frage
Which things do students NOT spend money on?
Antworten
  • food
  • electricity
  • notebooks
  • candy
  • pencils

Frage 9

Frage
Which one is NOT an expense?
Antworten
  • paying the water
  • paying the phone
  • buying food
  • wages
  • going to the movies

Frage 10

Frage
If your income is 35,000 baht per month and your expenditure is 50,000 baht per month, you are going to have a large __________.
Antworten
  • savings
  • debt
  • wages

Frage 11

Frage
A record that shows all your income and all your expenses is called a __________________.
Antworten
  • statement of expenses
  • statement of income
  • statement of income and expenses
  • statement of wages and income

Frage 12

Frage
If your monthly income is 55,000 baht and your expenses are 40,000 baht, then you can put the extra money into _________________ or invest it in something that will make you money.
Antworten
  • the ground
  • savings
  • the trash

Frage 13

Frage
Franky only buys things he needs and puts the rest of his money into savings. What is the best word to describe Franky? Franky is [blank_start]_____________[blank_end].
Antworten
  • cruel
  • wasteful
  • thrifty
  • nice

Frage 14

Frage
Which one is NOT an advantage (a positive thing) about having savings?
Antworten
  • It teaches you to be thrifty.
  • You have money if there is an emergency.
  • You can quit your job.
  • It helps us plan our expenses

Frage 15

Frage
Which is NOT a way to save money?
Antworten
  • buying expensive things
  • putting money in the bank
  • putting your extra coins in a piggy bank
  • giving money to your mother for safekeeping
Zusammenfassung anzeigen Zusammenfassung ausblenden

ähnlicher Inhalt

foundation of economics
09serukenyahol
Conceptual Framework
Liz Barraclough
Conceptual Framework Overview
Liz Barraclough
Sociology poverty key words
eharveyhudl
Patterns and Trends in Social Class - A2 OCR SOCIOLOGY
Millie Salt
Elements of Final Accounts
Liz Barraclough
Personal Finance commerce
ameliajaneee
Financial Management
pharduar
Why are some countries rich and some poor ?
James Howlett