Financial Literacy 150 Q's
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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149 questions
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1.
FLASHCARD QUESTION
Front
Which of the following refers to personal belongings which have value? Net Worth, Assets, Net Profit, Liabilities
Back
Assets
2.
FLASHCARD QUESTION
Front
Which of the following is an example of a personal asset? Credit Card Balance, Cash, Rent, Mortgage
Back
Cash
3.
FLASHCARD QUESTION
Front
An individual has total assets of $120,000 and total liabilities of $80,000. What is his net worth?
Back
$40,000
4.
FLASHCARD QUESTION
Front
Which of the following is considered to be a short-term goal?
Saving for a retirement fund,
Saving for a family vacation,
Saving for a college education,
Starting a new career
Back
Saving for a family vacation
5.
FLASHCARD QUESTION
Front
Which type of people like to plan for the future and are prepared for any type of financial situation? Options: Spenders, Flyers, Risk Takers, Security Seekers
Back
Security Seekers
6.
FLASHCARD QUESTION
Front
Which answers refer to individuals who do not consider money a necessity and don't have much of an opinion on money? Spenders, Flyers, Risk Takers, Security Seekers
Back
Flyers
7.
FLASHCARD QUESTION
Front
What does "A" represent in SMART goal setting practices?
Back
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