Budgeting Budgeting 101 Quiz May 17, 2019May 17, 2019 Rickie Keys 473 Views Complete the Budgeting 101 Quiz, the One Question and Get 50 Points 1. Which of the following best describes a budget?* A workshop Itemized estimate of expected income and expenses A business plan 2. True or False, a budget should be realistic?* True False 3. What are the two major components of a budget?* Assets and liabilities Hopes and prayers and reality Cashflow or income and investments and expenses 4. One of the easy steps to develop a budget is?* Plead to your boss for a raise Hope and wish that your income will increase 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.