Unit 3 review (Financial skills)

Unit 3 review (Financial skills)

KG - University

35 Qs

quiz-placeholder

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Unit 3 review (Financial skills)

Unit 3 review (Financial skills)

Assessment

Quiz

Other, Specialty

KG - University

Practice Problem

Medium

Created by

Brent Mosley

Used 238+ times

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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account comprising of a certain amount of money that will make interest but must stay in place for a certain period of time.

Savings 
Checking
Certificate of Deposit
Mutual fund 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buying something and then paying later.

Interest 
Credit 
Diversify 
All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An order to pay money from an account to another person or company.

Credit 
Statement 
Check 
Salary 

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The income one makes after taxes and other deductions are taken out.

Gross pay
Net pay 
Hourly pay 
Salary 

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The income one makes before taxes and other deductions are taken out.

Gross pay 
Net pay 
Hourly pay 
Salary 

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One’s required signature on the back of a check for cashing or depositing purposes.

Memo 
Endorsement 
Statement 
None of the above 

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is put into the bank.

Debit 
Credit 
Withdraw 
Deposit 

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