Personal Finance

Personal Finance

7th Grade

21 Qs

quiz-placeholder

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Personal Finance

Personal Finance

Assessment

Quiz

Geography

7th Grade

Easy

Created by

James Samaha

Used 97+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Decisions individuals make in the management of their money.

income

liabilities

personal finance

personal goals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gifts, prizes, money earned, allowance....

expenses

income

credit

insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of something; The money spent on something.

expenses

income

credit

overdraft

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something that costs the same every month (loan car payment)

Discretionary expenses

Variable expense

Fixed expense

debit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The expense cost a different amount every month (grocery bill)

Fixed exspense

variable expense

Discretionary expense

credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cost that is not essential ( movie tickets)

Discretionary Expense

Variable Expense

Fixed Expense

Debit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written check or check card transaction that is not backed up by enough money in the account.

debit

credit

overdraft

insurance

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