Personal Financial Literacy Test Review

Personal Financial Literacy Test Review

9th - 12th Grade

60 Qs

quiz-placeholder

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Personal Financial Literacy Test Review

Personal Financial Literacy Test Review

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Hard

Created by

James Norman

Used 31+ times

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60 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The budgeting process starts with monitoring current spending

true
false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most short-term goals are based on activities over the next 2 or 3 years

true
false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A common long-term goal may involve saving for college for parents of a newborn child

true
false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rent is considered a fixed expense

true
false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Flexible expenses stay about the same each month

true
false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An electric bill is commonly considered a fixed living expense

true
false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a security deposit covers the rent for the first month when moving into an apartment

true
false

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