Personal Finance Final Review

Personal Finance Final Review

Assessment

Flashcard

Life Skills

9th - 12th Grade

Hard

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50 questions

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1.

FLASHCARD QUESTION

Front

The ________ is the government body that enforces federal tax laws and collects the taxes.

Back

Internal Revenue Service (IRS)

2.

FLASHCARD QUESTION

Front

The deadline for filing your federal tax return each year is ________.

Back

April 15

3.

FLASHCARD QUESTION

Front

This is the person who would receive the financial benefits of life insurance

Back

Beneficiary

4.

FLASHCARD QUESTION

Front

Only type of Insurance that is required by law

Back

Auto Insurance

5.

FLASHCARD QUESTION

Front

The only type of life insurance that is considered an investment

Back

Whole or Cash Life

6.

FLASHCARD QUESTION

Front

This type of insurance covers the person's vehicle when YOU cause an accident

Back

Auto Liability Insurance

7.

FLASHCARD QUESTION

Front

When you cannot work for a small period of time, but plan on returning to work you would want

Back

Disability Insurance

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