Budgeting Budgeting 101 Quiz May 17, 2019May 17, 2019 Rickie Keys 455 Views Complete the Budgeting 101 Quiz, the One Question and Get 50 Points 1. Which of the following best describes a budget?* A business plan Itemized estimate of expected income and expenses A workshop 2. True or False, a budget should be realistic?* True False 3. What are the two major components of a budget?* Cashflow or income and investments and expenses Hopes and prayers and reality Assets and liabilities 4. One of the easy steps to develop a budget is?* Hope and wish that your income will increase Plead to your boss for a raise Review all of your expenses and identify the areas where you can trim the fat 5. True or False, it doesn't make sense to pay off your credit card in full, if you are able to.* True False First Name* First Please enter your first name.Email Address* Please enter your email address.