
Foundations in Personal Finance PRE/POST TEST
Authored by Tiana Scott
6th - 8th Grade
Used 55+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A liability can be described as
Something you own that has value
Something you owe; a debt
Something that goes down in value over time
Money that you have in a savings account
2.
DRAG AND DROP QUESTION
1 min • 1 pt
Which of the following allows invested money to grow over time? (a)
3.
DROPDOWN QUESTION
1 min • 1 pt
A plan for spending is called a (a)
4.
DROPDOWN QUESTION
1 min • 1 pt
A fee that a bank, credit card company, or other lender charges for the opportunity to purchase something and pay it over time. (a)
5.
DROPDOWN QUESTION
1 min • 1 pt
The FICO score measures all of the following, except (a)
6.
DRAG AND DROP QUESTION
1 min • 1 pt
Non-wage compensation provided by your employer is known as (a)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money you get paid after taxes are taken out is called
Take-home pay
Withholding
Benefit pay
Gross income
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