UNDERSTANDING MONEY

UNDERSTANDING MONEY

5th - 12th Grade

30 Qs

quiz-placeholder

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UNDERSTANDING MONEY

UNDERSTANDING MONEY

Assessment

Quiz

5th - 12th Grade

Medium

Created by

Alexander Gutierrez

Used 5+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Where can people go for information about money?

Family members

Banks

Financial advisors

All of the above

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following is NOT an example of a need for most people?

A place to live

Nutritious food

Designer jeans

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What type of personal information should people keep private?

Their social security numbers and bank account information

The name of their favorite restaurant

What they want for their birthday

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The best way to achieve a short-term money goal is to:

Spend all of your money at once

Create a savings plan and stick to it

Throw away your piggy bank

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

To be responsible with their money, young people can do what?

Track their spending

Save their money

Stick to short-term money goals

All of the above

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What are some of the ways people can receive money?

Wages

Salary

Money gifts

All of the above

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Fill in the blank. People who earn paychecks pay _______ to the government.

Income tax

Sales tax

Property tax

No tax

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