Financial Literacy Practice Test
Flashcard
•
Financial Education
•
7th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview
26 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Items that are owned by an individual
Back
assets
2.
FLASHCARD QUESTION
Front
A plan for spending
Back
budget
3.
FLASHCARD QUESTION
Front
Debts that are owed by an individual
Back
liabilities
4.
FLASHCARD QUESTION
Front
The value of one's assets minus one's liabilities
Back
net worth
5.
FLASHCARD QUESTION
Front
You are purchasing a T.V for $990 with 9% sales tax. What is the final price of the T.V.?
Back
$ 1,079.10
6.
FLASHCARD QUESTION
Front
Mrs. Ray is buying some groceries. They total to $35.50. Sales tax is 4.5%. When she goes to pay, how much will she owe?
Back
$37.10
7.
FLASHCARD QUESTION
Front
Bills and Loans are examples of ________?
Back
Liabilities
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