8.1 Basics of Managing Credit
Authored by Brooke Martinez
Business
11th Grade
CCSS covered
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5 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following situations is an example of responsibly taking on debt?
Get a credit card but don't use it to avoid more debt
Spend up to your credit limit each month
Become an authorized user on an adult's card
Make only the minimum payment each month
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Your net worth...
is what you owe minus what you own
is your assets minus your liabilities
is your liabilities minus your assets
is what you own minus what you owe
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Routinely paying my bills late could negatively affect my credit history.
Tags
CCSS.RI.8.1
CCSS.RI.8.8
CCSS.RL.11-12.1
CCSS.RL.8.1
CCSS.RL.9-10.1
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What factors affect a credit score?
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A detailed report of an individual’s credit history.
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
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