Free Exam: Finance The Art of Budgeting Lesson 3 TEST
Number of Questions in Test: 14
Number of Questions in Preview: 5
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The budgeting process starts with monitoring current spending.
| Type: | True/False |
| Points: | 7 |
Question 2
Most short-term goals are based on activities over the next two or three years.
| Type: | True/False |
| Points: | 7 |
Question 3
A common long-term goal may involve saving for college for parents of a
newborn child.
newborn child.
| Type: | True/False |
| Points: | 7 |
Question 4
Rent is considered a fixed expense.
| Type: | True/False |
| Points: | 7 |
Question 5
Flexible expenses stay about the same each month.
| Type: | True/False |
| Points: | 7 |