Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Argylls PF 5

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Term
Definition
Money Management   Getting the most out of your money  
🗑
Safe-Deposit Box   Store important papers and small items in this  
🗑
Balance Sheet   Show assets, liabilities and net worth  
🗑
Assets   Things one owns  
🗑
Liabilities   Amounts own owes  
🗑
Net Worth   The difference between what one owns and owes  
🗑
Market Value   Price that an item would currently sell for  
🗑
Long-Term Liabilities   Debts that are not fully paid after one year  
🗑
Insolvency   Inability to pay debts when they are due  
🗑
Cash Flow   Movement of money coming in and out  
🗑
Take-Home Pay or Net Pay   The amount of income left after all deductions  
🗑
Discretionary Income   Money you have left over after paying all essentials  
🗑
Surplus   Positive cash flow-more money coming in than spent  
🗑
Deficit   Spend more than you receive  
🗑
Budget   A plan for saving and spending  
🗑
First step of a Budget   Set your financial goals  
🗑
Last step of a Budget   Review spending and savings patterns  
🗑
Four Characteristics of and effective budget   Carefully planned, Practical, Flexible, Easily Accessible  
🗑
Best way to "Pay yourself first"   Direct Deposit  
🗑
Fixed Expenses   Expense amounts that do not change  
🗑
Variable Expenses   Expense amounts that are not the same each month  
🗑
Budget Variance   The difference between the budgeted and actual amount  
🗑


   

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.
 
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.

 
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: rholloway
Popular Finance sets