What is a flexible expense?

Ane expense that changes or can change monthly

A fixed goal for a teenager is

Pass the Elements Test at the end of the coursce

Computers and cell phones are technology.What is a positive way to manage time with technology?

Spend more time with friends than strangers online

Balancing or reconciling the bank statement means

Check register must match bank staement

Shopping for the most economical credit means looking for

Lowest APR (annual percentage rate)

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Money Management

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Review for test in teen living

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Questions 15

Answers

1
A checking account has record online or written onpaper keeping totalof your expenses called
Register
statement
Deposit Slip
Money order
2
Interest is the amount of money someone __________________ to use the banks money
Earns
Pays
Collects
Forwards
3
What is a flexible expense?
Ane expense that changes or can change monthly
An expense that is always the same
4
A budget is a plan for spending and saving
Banks
Income/money
cars
cats
5
A written or printed record of a purchase is
Receipt
Expenditure
Income
Budget
6
Enka High wants to reduce garbage amounts in the environment,what should students practice?
Conserve, reduce
Recycle, Repair, reuse
Recycle,reduce,reuse
Conserve,
7
A fixed goal for a teenager is
Learn how to play the guiter
Find a permanent job in technology
Add basebal cards to a collection
Pass the Elements Test at the end of the coursce
8
Income is defined as the amount of money someone
Has to pay bils
Has to buy things
earns and has to spend
Desires to have
9
Computers and cell phones are technology.What is a positive way to manage time with technology?
Give up a team sport for more cell phone time
Work at the computer until midnight
Give up class time and homework using cell phones, computers
Spend more time with friends than strangers online
10
Endorsing a check means
Taking money out of the ATM
Signing the back of the check
Balancing the bank statement
Filling out a deposit ticket
11
Basic things that people must have in order to survive is a
Need
Priorities
Want
Goal
12
An expenditure not appearing on the bank statement is called
canceled
Endosed
not used
Outstanding
13
Balancing or reconciling the bank statement means
should be done every six months
that the money spent is off a few dollars
Record the bank statement balance in the check register
Check register must match bank staement
14
What is a fixed expense?
Long distance phone bill
a car payment
Weekly allowance
Clothing
15
Shopping for the most economical credit means looking for
Smallest monthly payment
Log repayment plan
Lowest APR (annual percentage rate)
A long grace period

Money Management Flashcards | StudBud