Preparing Budgets (Junior Cert Business Studies): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What is budget revision?
What is budget revision?
Updating & changing your original budget
What may lead to creating a revised budget?
What may lead to creating a revised budget?
Completing a budget analysis
When should you consider revising your budget?
When should you consider revising your budget?
When significant changes occur
Which is an example of an income increase?
Which is an example of an income increase?
You receive a bonus at work
Which is an example of an income decrease?
Which is an example of an income decrease?
Your working hours are reduced
Which is an example of an unexpected expense?
Which is an example of an unexpected expense?
Emergency car repairs
Síle's income increased from €200 to how much per week during summer?
Síle's income increased from €200 to how much per week during summer?
€280
How much did Tomás need for car repairs after his NCT?
How much did Tomás need for car repairs after his NCT?
€800
What was the Murphy family's new electricity bill after installing solar panels?
What was the Murphy family's new electricity bill after installing solar panels?
€80
What is a revised budget?
What is a revised budget?
A budget updated for unplanned events
What is the first step in the budget revision process?
What is the first step in the budget revision process?
Identifying what has changed
Budgets should be considered as what type of documents?
Budgets should be considered as what type of documents?
Flexible documents