Personal Finance Practice

Personal Finance Practice

12th Grade

•

50 Qs

quiz-placeholder

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Personal Finance Practice

Personal Finance Practice

Assessment

Quiz

•

Social Studies

•

12th Grade

•

Medium

•
CCSS
RI.9-10.4, 5.NBT.A.2, 6.RP.A.3C

+12

Standards-aligned

Created by

Chad Whitley

Used 3+ times

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a good?

nurse
mechanic
basketball
cook

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money loaned

Credit

Ain't yours

is stupid

is what companies use to make you miserable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Using your home as collateral to borrow money

is stupid

is a home equity loan

is what rich people do

is not allowed as a valid financial practice in the US

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Taking responsibility for someone else's loan

is stupid

is called Mom and Dad

is called co-signing

is a good way to get rid of debt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Combining debt into one payment

is called debt consolidation

welcomes you to a whole new world of spending

increases your credit score tremendously

is stupid

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _______ is the amount needed in an account to avoid fees.

Interest

Overdraft

Budget

Minimum Balance Requirement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _____ is a plan for allocating income for saving and spending

Budget

Mutual Funds

Stock and Dividend Plan

Stocks, Bonds, and Mutual Funds

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