Preparing a budget
Presentation
•
Mathematics
•
12th Grade
•
Practice Problem
•
Easy
Standards-aligned
Veronica Meador
Used 1+ times
FREE Resource
5 Slides • 5 Questions
1
2
Multiple Choice
Which of the following best describes the significance of preparing a budget sheet?
It helps track and manage monthly expenses for better financial planning.
It is only useful for businesses, not individuals.
It is a way to avoid paying taxes.
It is mainly used to increase your income.
3
4
Open Ended
Explain the difference between living expenses, fixed expenses, and annual expenses when preparing a budget sheet.
5
6
Multiple Choice
Which of the following formulas correctly calculates the monthly share of annual expenses?
Annual Expenses ÷ 12
Annual Expenses × 12
Annual Expenses ÷ 52
Annual Expenses × 52
7
8
Multiple Select
Select all the types of expenses that should be included when calculating total monthly expenses.
Monthly Living Expenses
Monthly Fixed Expenses
Monthly Share of Annual Expenses
Monthly Income
9
10
Open Ended
Do you have any questions about preparing a budget sheet, or is there anything you would like to know more about?
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