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Financial LIteracy

Financial LIteracy

Assessment

Flashcard

•

Mathematics

•

7th Grade

•

Practice Problem

•

Hard

Created by

Wayground Content

FREE Resource

Student preview

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15 questions

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1.

FLASHCARD QUESTION

Front

What is the value of one's assets minus one's liabilities?

Back

Net worth

2.

FLASHCARD QUESTION

Front

What is a plan for spending called?

Back

Budget

3.

FLASHCARD QUESTION

Front

Sales tax is __________ to the price.

Back

Added

4.

FLASHCARD QUESTION

Front

What is a voucher entitling its user to a cash refund?

Back

Coupon

5.

FLASHCARD QUESTION

Front

If a raincoat costs $39.99 and has a sales tax rate of 7%, what is the final price (with tax)?

Back

$42.79

6.

FLASHCARD QUESTION

Front

What do we call the money earned from work or investments?

Back

Income

7.

FLASHCARD QUESTION

Front

What is the term for the total amount of money spent?

Back

Expenses

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