Personal Finance Pre/Post Test

A _______________ is a spending and saving plan based on your expected income and expenses.

• Budget

• Financial Plan

• Savings

• Credit

_____________ is the rise in the general level of prices.

• Upgrading

• Wealth

• Inflation

• Price

____________ is the use of someone else's money, borrow now with an agreement to pay it later.

• Credit

• Debit

• Savings

• Budget

A _____________resume is often called a personal data sheet, biographical summary, or vita.

• Resume

• Application Letter

• Salutation

• Body

Which of the following is NOT a part of a check?

• Check Number

• ABA Number

• Memo

• Savings Account

A _____________________ endorsement is a signature of the payee written exactly as his or her name appears on the front of the check.

• Blank

• Special

• Rich

• Restrictive

An _________________ is a summary of a corporation's financial results for the year and its prospects for the future.

• Annual Report

• Credit Report

• Financial Report

• Personal Report

Which of the following is NOT a paid holiday?

• Christmas

• Thanksgiving

• Memorial Day

• Valentine's Day

_____________________ is all the taxable income you receive.

• Gross Income

• Salary

• Benefits

• Standard Deduction

___________________________ is a legal process that relieves debtors of the responsibility of paying their debts and protects them while they try to repay.

• Bankruptcy

• Disposable Income

• Credit

• Financial Planning