Free Printable WorksheetMathGrade 5Math Curriculum5.186

5.186 Keep and Use Financial Records Worksheet

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Worksheet Overview & Skills Covered

Core academic competencies and curriculum alignment

This Grade 5 Math worksheet provides structured practice on 5.186 Keep and Use Financial Records. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Skill description: Select the correct answer for develop and identify a simple system for keeping financial records (income, expenses, and balances) and identify how records support budgeting decisions. Select the calculation that correctly compares costs or savings and supports the best choice. (TX TEKS 5.10(D)) Corresponding standards: Not listed in source.

Whether you are an educator preparing classroom handouts, a tutor reinforcing weekly topics, or a parent supporting homeschool learning, this printable resource gives students the deliberate practice required to achieve subject fluency and master state standards.

Grade

Grade 5

Subject

Math

Domain

Math Curriculum

Formats

PDF & DOCX

Sample Practice Problems

Preview the types of problems and questions covered in this worksheet

Below are sample questions representative of the exercises included on this worksheet and related 5.186 Keep and Use Financial Records skill assessments:

Problem 1Difficulty: Mastery

Movie night budget record: Budget: $60.00 Option 1: tickets $14.50 each for 3 people, parking $6.00, snacks $8.75 Option 2: family pass $42.00 (includes parking) and snacks $8.75 After choosing the cheaper option, how much budget money will remain?

Solution & Explanation:Option 1 total: 58.25. Option 2 total: 50.75. Cheaper total is 50.75. Remaining: 60.00 − 50.75 = 9.25.

Problem 2Difficulty: Mastery

Monthly records: April: income $60.00, expenses $44.20 May: income $58.50, expenses $40.75 June: income $62.00, expenses $48.10 How much more leftover money does the best month have than the second-best month?

Solution & Explanation:Leftovers: April 15.80, May 17.75, June 13.90. Difference between top two = 1.95.

Problem 3Difficulty: Mastery

You are deciding when to buy a $25 item using monthly records. What record-based rule helps you choose the best month?

AChoose the month with the larger expenses because spending more is better.

BChoose any month because records cannot compare months.

CChoose the month with the larger leftover (income − expenses) because it leaves more money for the purchase.

DChoose the month with the smaller income because it is safer.

Solution & Explanation:Records show leftover money each month. More leftover after expenses means the purchase fits the budget more easily.

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