3.02 POFHS

3.02 POFHS

9th - 12th Grade

20 Qs

quiz-placeholder

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3.02 POFHS

3.02 POFHS

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

Created by

Phyllis Moore

Used 254+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Johnny is observed wearing a short sleeved shirt as he waits for the bus on a cold morning. A jacket for Johnny would be considered a:

need.

want

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is saving important?

because the future is unpredictable

because people need to buy goods and services to grow the economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An ability to borrow a limited amount of money on demand, small monthly payments, and no end date are characteristics of which money tool?

debit card

credit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fundamental beliefs or practices of personal importance should be placed in which category?

values

income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When Miranda opened her credit card bill, she was surprised to see that the amount she owed was more than the cost of the things she had purchased. What is the probable cause of this difference?

interest

equity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Haley received a bonus and wants to deposit it in an account that allows limited withdrawals, but pays a higher interest rate. Which would be the best type of account for her to use?

money market deposit account

savings account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which method of payment most likely requires a personal identification number (PIN) to confirm the electronic transfer of funds from an account?

credit card

debit card

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