Financial Literacy

Financial Literacy

7th Grade

9 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

7th Grade

Medium

CCSS
6.RP.A.3B, 7.NS.A.3, RI.4.10

+4

Standards-aligned

Created by

Jennifer Devecchio

Used 1+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: Negative information stays on your credit report for 7-10 years.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plastic payment card linked to a financial account and is used for transactions.

Debit Card
Credit Card
Checking Account
Savings Account

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Which bank is better for me? I pay for lunch 20 times a month with my debit card. I do not write checks or use the ATM.

State Bank
Bank of Texas

Tags

CCSS.6.RP.A.3B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is credit?

Money allocated to a specific account for future use by the consumer without borrowing
Goods, services, or money received in exchange for a promise to pay a definite sum of money at a future date
The ability and willingness of an individual to pay back a loan as perceived by the lender
An individual’s character, capital, capacity, collateral and conditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the starting balance on this check register?

4720.33
4500.00
4500.75
4320.00

Tags

CCSS.7.NS.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What was the balance of the account at the end of the day on 7/24?

4720.33
4320.03
5091.15
4500.75

Tags

CCSS.7.NS.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Besides tuition, most colleges also charge their students for...

room & board
extra fees
books
all of the above

Tags

CCSS.6.RP.A.3B

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Scholarships and grants are available for many college students, and they...

have deferred payment
give students a job to help pay
don't have to be paid back
have a low interest rate

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What degree provides the highest earning potential in pay?

High School Diploma

Associate's Degree

Undergraduate Degree

Master's Degree