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2019-2020 Personal Financial Literacy Final Exam Review

Authored by Kevin Wood

9th - 12th Grade

Used 5+ times

2019-2020 Personal Financial Literacy Final Exam Review
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29 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Long term and Short Term are examples of what kind of Insurance?

Auto Insurance

Disability Insurance

Life Insurance

Health Insurance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Age, location, health history and occupations are factors that impact the cost of which insurance?

Health Insurance

Auto Insurance

Disability Insurance

Life Insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can a insurance agent do for you?

Give map directions.

Help with financial planning.

Recomend a good car mechanic.

Sell you life insurance.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Term and Permanent insurance are examples of what?

Health Insurance

Disability Insurance

Auto Insurance

Life Insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What insurance coverage will cover a new purchase for 20 days?

Health Insurance

Disability Insurance

Auto Insurance

Life Insurance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of the most expensive option not chosen is a definition of what?

Risk

Opportunity cost

Economics

Valuation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something required for life to be sustained is called what?

Want

goal

choice

basic need

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