Income/Expenditures
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| income | show 🗑
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| show | income received on a regular basis such as a weekly wage
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| irregular income | show 🗑
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| regular income - employed person | show 🗑
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| irregular income - employed person | show 🗑
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| regular income - unemployed person | show 🗑
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| irregular income - unemployed person | show 🗑
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| show | pension and free travel
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| irregular income - retired person | show 🗑
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| show | grant, pocket money
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| show | presents, casual work
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| show | a non-cash form of income, also known as a perk (for example: the use of a company car or a mobile phone)
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| show | hours worked in an addition to your regular working week
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| show | monthly payment by the Government to parents/guardians of kids under the age of 18
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| show | a payment made by the Government to students while they are studying at college/secondary school
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| show | weekly payment made by the Government made to unemployed people
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| show | refers to the money the customer spends during a particular period of time
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| show | items where cost doesn't change according to use, usually regular payments monthly or yearly (for example, the rent, mortgage repayments, loan repayments, car taxes)
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| show | items where cost does change according to use, which may be paid regularly but the amount differs (for example, groceries, diesel, light and heat)
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| show | when the customer buys something on the spur of the moment without asking himself/herself if he/she can really afford it and if we really need that particular item
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| show | when the customer has the choice of buying two items and the item he/she doesn't choose is the opportunity cost
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| An example of an opportunity cost is: | show 🗑
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| show | a loan from the bank to enable a person to buy a house
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| budget | show 🗑
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| net cash | show 🗑
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| unbranded | show 🗑
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| budget surplus | show 🗑
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| budget deficit | show 🗑
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| show | refers to "when your planned income is equal than your planned expenditure"
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
StephenEmmett
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