Finance Terms

Finance Terms

9th - 12th Grade

11 Qs

quiz-placeholder

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Finance Terms

Finance Terms

Assessment

Quiz

Life Skills, Business

9th - 12th Grade

Easy

Created by

Danna Nelson

Used 3+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money that you actually have available in your account.

Cash Flow

Debit

Credit

Balance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Movement of money from your account, which is positive if income is greater than expenses, and negative if income is less than expenses.

Balance

Cash Flow

Credit

Debit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A positive transaction in your account, one that adds money.

Credit

Debit

Balance

Cash Flow

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A negative transaction in your account, one that removes money.

Debit

Credit

Balance

Profit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amounts of money spent to buy goods and services for yourself or your business.

Income

Minimum Wage

Expenses

Profit Loss

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money earned through employment and investments.

Minimum Wage

Taxes

Income

Profit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The lowest amount of pay per hour that an employee can legally earn.

Taxes

Expenses

Debit

Minimum Wage

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