Module 2 · Lesson 3
Budgeting & Financial Planning Language
5 questions · Pass mark: 70% · Includes drag-to-order and fill-in-blank
0 of 5 answeredScore: 0
Question 1 of 5
Rent is €400 every month, no matter what. What type of cost is this?
Question 2 of 5
A business owner says: "Our cash flow is tight this month." What does this mean?
Question 3 of 5 · Drag to order
Put these budgeting steps in the correct order for planning a monthly business budget. Drag to rearrange.
- ⠿ Allocate money to each expense category
- ⠿ List all expected expenses (fixed and variable)
- ⠿ Set aside a contingency fund for emergencies
- ⠿ Calculate your total expected income
- ⠿ Identify fixed vs variable costs
Question 4 of 5
A business reaches its break-even point. What does this mean?
Question 5 of 5 · Fill in the blank
Complete this sentence using the correct financial term:
"We ________ €300 for marketing in this month's budget."
"We ________ €300 for marketing in this month's budget."
Quiz complete
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