2. Template by Bill Arcuri, WCSD Who Wants to Be a Millionaire?

3. Money Management (Ch. 3) _________________________ _____________________ ___________________ __________________ _________________ ______________ Click the appropriate dollar amount at right to proceed to the question

4. Template by Bill Arcuri, WCSD Extend the Time “OK Contestant…your time limit for this question has been extended from 30 seconds to one minute…” Return to the Question

5. Template by Bill Arcuri, WCSD Use the Textbook “Contestant…you have one minute to consult your textbook to find the answer to the question…” Return to the Question

6. Template by Bill Arcuri, WCSD Fifty - Fifty You’ve asked that two of the wrong answers be eliminated, leaving you with one wrong answer plus the correct one. 50/50 Return to the Question

7. Template by Bill Arcuri, WCSD Correct Correct! Proceed to Next Question

8. Template by Bill Arcuri, WCSD Incorrect Sorry, That’s Incorrect Return to the Question

9. Template by Bill Arcuri, WCSD Throw them away Question #1...Which of the following is not an effective way to organize your personal financial documents? Safe-Deposit Boxes Home Computers Home Files 50/50 A CD B

10. Template by Bill Arcuri, WCSD Budget Question #2...What is planning to get the most from your money? Deficit Money Management Surplus A CD B 50/50

11. Template by Bill Arcuri, WCSD Net worth Question #3...What information will you not find on a balance sheet? ProfitLiabilities Assets A CD B 50/50

12. Template by Bill Arcuri, WCSD Baseball card collection Question #4...Which of the following is a liquid asset? Checking Account House Car A CD B 50/50

13. Template by Bill Arcuri, WCSD XBox Question #5...Which of the following is not an asset? CameraClothing Car loan A CD B 50/50

14. Template by Bill Arcuri, WCSD Student loan Question #6...Which of the following is not a liability? Taxes Savings Account Mortgage A CD B 50/50

15. Template by Bill Arcuri, WCSD Profit Question #7...What is it called when your liabilities are greater than your assets? InsolvencyCash flow Bankruptcy A CD B 50/50

16. Template by Bill Arcuri, WCSD Total pay Question #8...What is the amount of income left after taxes and other deductions are taken out of your gross pay? Leftover payGross pay Take-home pay A CD B 50/50

17. Template by Bill Arcuri, WCSD Income Question #9...Which of the following is not part of the cash flow statement? ExpensesAssets Net cash flow A CD B 50/50

18. Template by Bill Arcuri, WCSD Discretionary income Question #10...The money left over after you have paid for the essentials is called… Miscellaneous income Total expenses Total income A CD B 50/50

19. Template by Bill Arcuri, WCSD Income Question #11...Which of the following is not part of a budget? Variable expenses Fixed expenses Net worth A CD B 50/50

20. Template by Bill Arcuri, WCSD Surplus Question #12...When your budget has more expenses than income, it is called a budget… BalancedDeficit Unbalanced A CD B 50/50

21. Template by Bill Arcuri, WCSD Consumer price index Question #13...What is a measure of the changes in prices for commonly purchased goods and services? DeflationStability Inflation A CD B 50/50

22. Template by Bill Arcuri, WCSD Gas and electricity Question #14...Which of the following is considered a fixed expense? GroceriesGasoline Rent A CD B 50/50

23. Template by Bill Arcuri, WCSD Bankruptcy Question #15...Which of the following is not a personal financial statement? Budget Cash flow statement Balance sheet A CD B 50/50