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PCC Managing Your Money

Authored by Byron Clark

Other

9th - 12th Grade

Used 53+ times

PCC Managing Your Money
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10 questions

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1.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Which crime refers to someone wrongfully obtaining and using another person’s data?


_____________________ refers to a crime in which someone wrongfully obtains and uses another person’s personal data through ______________.

First Blank: Bad credit history

First Blank: Check bouncing

First Blank: Identity theft

Second Blank: consent

Second Blank: fraud

2.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

A ____________________ is a check that you have written that you cannot pay due to ________________.

First Blank: cleared check

First Blank: misplaced check

First Blank: bounced check

Second Blank: excessive funds

Second Blank: insufficient funds

3.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

_________________________ is the interest that the bank pays you on the principal plus on the _____________________ that you earned the preceding year.

First Blank: Simple interest

First Blank: Compound interest

First Blank: Complex interest

Second Blank: interest

Second Blank: cash back

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

____________________ refers to borrowing money from a bank.

Interest

A loan

Credit

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Joshua took a loan of $50,000 with a repayment period of five years from a bank to start his own business. Every month he has to pay the bank $900 to repay the loan.


What type of credit is demonstrated in this scenario?

installment credit

revolving credit

secured credit

unsecured credit

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Hugh is a successful businessman. He always maintains a high bank balance. Hence the bank pays him interest. Hugh uses this account frequently for various purchases.


What type of bank account does Hugh have?

money market account

savings account

checking account

interest-bearing checking account

certificate of deposit

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Rosalyn bought a new TV for her apartment with her credit card. Which type of credit is demonstrated in this scenario?

installment credit

secured credit

unsecured credit

long-term credit

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