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Exam (elaborations)

FBLA Personal Finance Exam || FBLA Personal Finance Preparation||FBLA Personal Finance Practice Exam With Complete Questions And Correct Detailed Answers(Verified Answers) ||Already Graded A+|Brand New Version!!!!

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FBLA Personal Finance Exam || FBLA Personal Finance Preparation||FBLA Personal Finance Practice Exam With Complete Questions And Correct Detailed Answers(Verified Answers) ||Already Graded A+|Brand New Version!!!!

Institution
FBLA Personal Finance
Course
FBLA Personal Finance









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Written for

Institution
FBLA Personal Finance
Course
FBLA Personal Finance

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Uploaded on
December 3, 2025
Number of pages
7
Written in
2025/2026
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Exam (elaborations)
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FBLA Personal Finance Exam 2026-2027|| FBLA

Personal Finance Preparation||FBLA Personal Finance

Practice Exam With Complete Questions And Correct

Detailed Answers(Verified Answers) ||Already Graded

A+|Brand New Version!!!!

Budgeting - ANSWER-A plan for dividing up your income

between spending and saving options.




Budget worksheet - ANSWER-A planning document on

which you record your expected income, actual income,

and spending over a short time.

Life-span goals - ANSWER-Important things you hope to

achieve over a number of years.

, 2|Page


True - ANSWER-True or false, a successful budget

requires accurate record keeping.




True - ANSWER-True or false, When you create your

budget, you should prioritize and rank your goals.




False - ANSWER-True or false, If you want to cut your

spending, you'll have to start with your fixed expenses.




Car payments - ANSWER-Which of the following items

would be considered a fixed expense?

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