
W!se Practice Test 1
Flashcard
•
Social Studies
•
11th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview

73 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the US dollar primarily considered?
Back
Fiat Money
2.
FLASHCARD QUESTION
Front
Which of the following statements about the US dollar is true?
Options:
It is backed by gold.
It is backed by silver.
It is legal tender.
It is illiquid.
Back
It is legal tender.
3.
FLASHCARD QUESTION
Front
What does liquidity refer to?
Back
The ease of converting something to cash.
4.
FLASHCARD QUESTION
Front
What is the primary purpose of a checking account at a bank?
Back
To store cash and checks.
5.
FLASHCARD QUESTION
Front
What does the Federal Deposit Insurance Corporation (FDIC) do?
Back
Insures every bank account up to $250,000.
6.
FLASHCARD QUESTION
Front
What is the purpose of overdraft protection in a checking account?
Back
To avoid insufficient funds fees.
7.
FLASHCARD QUESTION
Front
What is the purpose of reconciling your checking account regularly?
Back
To compare your ledger with the bank’s monthly statement.
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
75 questions
Vocabulary Flashcards
Flashcard
•
12th Grade
81 questions
Basic Chinese Vocabulary
Flashcard
•
10th Grade
55 questions
Vocab 12th Grade
Flashcard
•
12th Grade
80 questions
Verilog Basics Flashcard Set
Flashcard
•
University
54 questions
Types of network vocab
Flashcard
•
9th - 12th Grade
52 questions
Socialization Concepts
Flashcard
•
9th Grade
52 questions
Unit 7: Organizational Structure and Change
Flashcard
•
University
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Social Studies
33 questions
PFL & Eco Unit #1 Exam Review (2024 Version)
Quiz
•
11th Grade
6 questions
Unit 8 DEUA Review
Lesson
•
11th Grade
22 questions
Benchmark 1 Review
Quiz
•
11th Grade
20 questions
WG Vocabulary List 21 2025
Quiz
•
9th - 12th Grade
73 questions
AP Psychology - Developmental Psychology
Quiz
•
10th - 12th Grade
15 questions
American and French Revolutions
Quiz
•
9th - 12th Grade
60 questions
STAR REVIEW
Quiz
•
11th Grade
20 questions
Napoleon and European History Quiz
Quiz
•
9th - 12th Grade