Saving and Budgeting Chapter 1

Saving and Budgeting Chapter 1

8th - 10th Grade

23 Qs

quiz-placeholder

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Saving and Budgeting Chapter 1

Saving and Budgeting Chapter 1

Assessment

Quiz

Other

8th - 10th Grade

Medium

CCSS
7.RP.A.3

Standards-aligned

Created by

Jo Felts

Used 453+ times

FREE Resource

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Anything of value that is owned by an individual
Budget
Liability
Asset
Consumer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A monthly plan for how you are going to save and spend your income.
Budget
Net Worth
Expense
The Five Foundations

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Interest paid on an investment and on any interest previously earned.
Compound Interest
Simple Interest
Debt
Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person or organization that purchases a product or service.
Producer
Consumer
Behavior
Nonprofit Organization

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The granting of a loan and the creation of debt.
Debit
Credit
Interest
Budget

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An obligation to repay borrowed money.
Personal Finance
Budget
Debt
Consumer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of goods or services.
Expense
Behavior
Scarcity
Knowledge

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