Saving and Budgeting Chapter 1
Authored by Jo Felts
Other
8th - 10th Grade
CCSS covered
Used 454+ times
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23 questions
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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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