Cards in this guide (29)
What is net pay
the total amount of money earned after all withholdings
Which of these is the best description of a standard of living
It is the amount of material goods and luxuries that can be
afforded compared to a person's income level.
Which term represents budget items that change in value from month to month
Which of these is the best description of fixed expenses
the budget items that do not vary from month to month.
Which of these is the best description of an expense budget
It is a plan that shows how money will be saved and spent over a
period of time.
Hey I needed that answer but it's pretty cool my sister posted
it and I had no clue!! :P
-Stephy
This is Paula's monthly budget What percent of her expenses is spent on insurance
20Given Paula's monthly budget, the percentage of expenses spent
on insurance can be determined by subtracting all the other
expenses from the monthly budget, which leaves you with the anoint
spent on insurance.
Sonya wants to know how much her annual take-home pay will be after she pays FICA taxes totaling 7.65 percent on an annual salary of 36590
Her annual take-home pay will be 33790.87.
Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance
Kenneth is having a terrible time balancing his checkbook He had outstanding checks that totaled 323.14 an ending balance of 232.54 and outstanding deposits of 125.98 His checkbook register bal
Outstanding Checks = $323.14
Current Bank Balance = $232.54
Outstanding Deposits = $125.98
Final Balance = Current balance + Outstanding deposits -
outstanding checks
= 232.54 + 125.95 - 323.14
= 35.35
The final balance on Kenneth's account will be $35.35
How much of the circle would be shaded for the total of housing food insurance and transportation
Can you save money using an auto loan calculator before buying a car
Auto loan calculators are used for determining how much you need
to pay for your loans on any automobile that you own. Yes this will
help you save money and know how much you will need to
save/pay.
Which of these should represent the smallest portion of your budget
What is the maximum amount Susan is willing to pay on rent
Which of these can occur when a person owes more money than he or she can earn or pay to creditors
Which of these financial institutions sometimes call their checking accounts share draft accounts
Which of these does not describe a total consumption budget
it is designed to reach short-term goals
Which of these is a long-term goal for saving money
What does not belong in the miscellaneous category
Questions that can be categorized belong in the closest category
for that subject. Other questions are harder to categorize and are
in Miscellaneous until they are assigned a category.
Which of these is a type of savings account that is designed to accrue interest for a specific period of time
Paula prepared the following budget how much discretionary income does Paula have each month
To ensure that you do not have a total consumption budget which two categories should be added to your budget
savings and miscellaneous
What describes discount loans
They require the interest to be paid first.
What statement is not true regarding bankruptcy
Creditors must always eliminate the debt owed by the debtor when there is a bankruptcy.
Lisa must adjust her budget to save for a new washer and dryer what is this an example of
This is the Reed family budget. How much discretionary income does the family have each month
You are making a pie graph of the expenses in the Reed family budget. How much of the pie graph would be used to represent the amount spent on housing
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities
Divide the utility expense by the monthly budget. Multiply the
result by 100.
What of these describes expenses
the amount of money you have spent
Which of these is an example of a variable expense
