FBLA Personal Finance

FBLA Personal Finance

Assessment

Flashcard

Business

11th - 12th Grade

Hard

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50 questions

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1.

FLASHCARD QUESTION

Front

A legal document that establishes ownership in a(n): acceptance, deed, lien, title

Back

title

2.

FLASHCARD QUESTION

Front

When interest rates are high, the average consumer will:

Back

buy less

3.

FLASHCARD QUESTION

Front

Which one of the following is money paid by one former spouse to support the other? child support, property settlement, alimony, divorce decree

Back

alimony

4.

FLASHCARD QUESTION

Front

With _______, the bank deducts payments from your account and transfers them to the appropriate companies.

Back

automatic bill payment

5.

FLASHCARD QUESTION

Front

A blueprint or plan for managing all aspects of a person's money is called:

Back

financial planning

6.

FLASHCARD QUESTION

Front

A corporation's net, or after-tax, earnings divided by the number of outstanding shares of common stock is a measurement of a company's performance referred to as:

Back

earnings per share

7.

FLASHCARD QUESTION

Front

Which of the following accounts is the most liquid? savings account, certificate of deposit, money market account, checking account

Back

checking account

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