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- 1. Multiple Choice
Banks, savings and loans, and credit unions are known as...
withdrawal
expenses
financial institutions
- 2. Multiple Choice
An expense that varies over time is called...
fixed expense
profit
variable expenses
- 3. Multiple Choice
When you put money into a bank account for safe keeping, you are making a ...
deposit
withdrawal
expenses
- 4. Multiple Choice
The amount of money that you have in your bank account is known as a ...
deposit
balance
withdrawal
- 5. Multiple Choice
An expense that does not change from month to month is called ...
variable expense
profit
fixed expense
- 6. Multiple Choice
The money that you keep after all costs and expenses are paid is called ...
balance
profit
financial institution
- 7. Multiple Choice
Electricity, gifts, and bike repairs are variable expenses.
True
False
- 8. Multiple Choice
The act of taking money out of a bank account is known as a ...
deposit
expenses
withdrawal
- 9. Multiple Choice
Amount of money spent on items needed is called an ...
expenses
variable expense
profit
- 10. Multiple Choice
Rent, insurance, car payment, and Netflix subscriptions are fixed expenses.
True
False
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