This quiz works best with JavaScript enabled. Home > Finance > Accounting > Budgeting > Budgeting – Quiz 20 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Budgeting Quiz 20 (3 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A potential downside of budgeting is that budget holder: A) Might take short term decisions. B) Will feel less motivated. C) Might spend their budget rather than make savings. D) Will always spend more than their allowance. Show Answer Correct Answer: C) Might spend their budget rather than make savings. 2. Which of the following should be included in a goal-planning worksheet? A) Short-term, medium-term, and long-term goals. B) Short-term, saving, and open-ended goals. C) Sharing, spending, and saving goals. D) Sharing, open-ended, and spending goals. Show Answer Correct Answer: C) Sharing, spending, and saving goals. 3. Of all the choices, which one should you budget for first? A) Entertainment. B) Cell Phone Bill. C) New Car. D) Groceries. Show Answer Correct Answer: D) Groceries. ← PreviousRelated QuizzesAccounting QuizzesFinance QuizzesBudgeting Quiz 1Budgeting Quiz 2Budgeting Quiz 3Budgeting Quiz 4Budgeting Quiz 5Budgeting Quiz 6Budgeting Quiz 7Budgeting Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books