Financial Literacy

Financial Literacy

7th - 12th Grade

17 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

Other

7th - 12th Grade

Hard

CCSS
RI.7.4, 7.NS.A.2C, 7.RP.A.3

+4

Standards-aligned

Created by

Andrew Boven

Used 6+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a reason to establish a good credit score?

It helps you get a loan.

It helps you get a better interest rates on loans.

It helps the borrower determine if a loan will be approved.

All of the above.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most accurate description of a stock?
A stock is something a company sells once a year at a discount
Stocks are like owning part of a company
Stocks are like socks but stiff
Stocks are the part of a company that can be bought

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you bought 20 stocks in a company that was worth $10.50 per stock at the time you purchased it, how much would you earn if you sold all 20 stock when the company was worth $12 per stock?
$240
$1.50
$30
$210

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The group of stocks that you own is called a

commission

portfolio

dividend

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

to buy a variety of stocks

diversify

portfolio

risk

profit

Tags

CCSS.RI.7.4

CCSS.RL.11-12.4

CCSS.RL.7.4

CCSS.RL.8.4

CCSS.RL.9-10.4

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

money from a companies profits that is paid to the stockholders

transaction

dividend

profit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of investment account that helps people store their money for easy access if needed is known as a...

Certificate of Deposit

Savings account

Retirement account

Mutual fund

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