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Recordkeeping Vocab Flashcards | StudBud
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Recordkeeping Vocab
Recordkeeping Vocab
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StudBud Administration
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27 plays
Consumer math vocab for recordkeeping
Flashcards
9 cards
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Practice quiz
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Host live
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Questions
9
Answers
1
What are considered living expenses?
Both are living expenses
Medical bills and car repairs
Food and bills
2
What helps you manage money?
Expenditures
Recordkeeping
Budget sheet
3
Payments that only occur once a year are called...
Living expenses
Emergency fund
Annual expenses
Fixed expenses
4
What would be considered expenditures in Dylan's shopping list?
All of the above
Any item he spends money on
Food
New shoes
5
What is a budget?
Items you spend money on
A plan for using money
A record keeping track of things you buy
6
You budgeted $100 for the week. Your report says you spent $250 that week. What is this called?
Someone stole your credit card. There's no way you did that
Living expenses
Poor money management
Expense summary
7
A budget sheet is...
A plan for using money
A monthly report of amounts you've spent
Items you spend money on
Monthly recorded expenses
8
Danielle was in a car crash, texting and driving. What would she use to pay her medical bills?
Emergency fund
Chicken nuggets
Her insurance covers it
She's broke. She's now in debt
9
Fixed expenses are...
Paid every week
Regular and do not vary
Expensive