Team 1
0
Team 2
0
Teams
Name
Score
1
2
3
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5
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8
9
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×
boom
Lose 50 points!
Oops!
×
gold
Win 50 points!
Okay!
×
shark
Other team loses 20 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
Give one example of fixed expenditure.
Rent or insurance.
Oops!
Check
Okay!
Check
15
×
Give one example of discretionary expenditure.
Cinema or holidays.
Oops!
Check
Okay!
Check
×
lifesaver
Give 20 points!
Oops!
×
gift
Win 25 points!
Okay!
×
rocket
Go to first place!
Okay!
×
banana
Go to last place!
Oops!
15
×
Why is it important to record expenditure?
To monitor and control spending.
Oops!
Check
Okay!
Check
×
boom
Lose 50 points!
Oops!
×
rocket
Go to first place!
Okay!
×
gift
Win 25 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
How do you calculate net cash
Total income - Total Expenditure
Oops!
Check
Okay!
Check
15
×
Explain the term financial cost.
The money paid for an item.
Oops!
Check
Okay!
Check
×
seesaw
Swap points!
Oops!
×
magnet
Take 5 points!
Okay!
×
gift
Win 20 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
If rent is âŽ800 per month, annual rent = ?
âŽ9,600.
Oops!
Check
Okay!
Check
15
×
What is meant by opportunity cost?
The item you give up when choosing another.
Oops!
Check
Okay!
Check
15
×
What is the opportunity cost if you buy a phone instead of concert tickets?
Concert tickets.
Oops!
Check
Okay!
Check
15
×
Januarys closing cash becomes February's....
Opening Cash
Oops!
Check
Okay!
Check
15
×
Why should needs be prioritised over wants?
Because they are essential for living.
Oops!
Check
Okay!
Check
15
×
What is expenditure?
Money spent by an individual or household.
Oops!
Check
Okay!
Check
15
×
What is impulse buying?
Buying without planning or thinking.
Oops!
Check
Okay!
Check
×
Restart
Review
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