Homework Help: Budgets(Jobs)

Posted by Rezu on Tuesday, April 3, 2012 at 5:18pm.

In what way is a kid's budget similar to an adult's budget?
A.The goal for both is to have less money going out than coming in.
B.Both have about the same ratio of income and expenses.
C.People can save money with both by earning less than you spend
D.Both adults and kids tend to spend their money on the same items
A?

If your income is $20 per month,how much should you spend each month to stay on budget?
A.Exactly $20
B.Between $10 and $30
C.Nothing
D.$20 or less
D?

The key to keeping a budget is to spend your money prudently.What is the best synonym for "prudently"?
A.Stingily
B.Wisely
C.Extravagantly
D.Thoughtlessly
B?

Which of the following is an example of a fixed expense?
A.Library card
B.Medicine
C.Shoes
D.Movie ticket
I think it's B or C.

If you were in charge of buying milk for a family of five,but not everyone has breakfast at home every day,what kind of expense would the milk be?
A.Fixed essential
B.Variable essential
C.Non-essential
D.Non-variable
B?

Budgets(Jobs) - Rezu, Tuesday, April 3, 2012 at 5:23pm
Actually for Which of the following is an example of a fixed expense?
A.Library card
B.Medicine
C.Shoes
D.Movie ticket
I think it's A
Budgets(Jobs) - Ms. Sue, Tuesday, April 3, 2012 at 5:40pm
I think the fixed expense is B because it's a necessity.

I agree with the rest of your answers.
Budgets(Jobs) - Rezu, Tuesday, April 3, 2012 at 5:48pm
Ok THanks
Budgets(Jobs) - Ms. Sue, Tuesday, April 3, 2012 at 6:09pm
You're welcome.

Answer this Question

Related Questions

Accounting - What are some of the different types of budgets? Describe in ...
Budgets(Jobs) - Which two things does a budget compare? A.Saving and interest B....
accounting - What are some of the different types of budgets? Describe in detail...
Budgets - What is one consequence of going into bankruptcy? A.Losing the ability...
Accounting - How does management use an operating budget? How do they use an ...
Accounting - I am attempting to complete a budget matrix. Is a consultant listed...
HHS-human service administrator - This is my assignment for my HHS class. I have...
social studies - Determine which of the budget items listed would be necessary ...
business communication - Which of the following would be the best revision of ...
accounting - Respond to the following questions (25 points): 1. Which publicly ...

For Further Reading

First Name:
School Subject:
Answer: