Personal Finance Vocabulary

Personal Finance Vocabulary

8th Grade

10 Qs

quiz-placeholder

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Personal Finance Vocabulary

Personal Finance Vocabulary

Assessment

Quiz

Business

8th Grade

Practice Problem

Medium

Created by

Susan Burbank

Used 137+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Card that allows you to buy goods & services that you will pay for later

Debit Card

Expense

Checking Account

Credit Card

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A document from your bank that details all of your monthly transactions

Expense

Budget

Checking Account

Bank Statement

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Something you own that has value and the ability to increase in value.

Liability

Expense

Asset

Credit Card

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Something you own that loses value and takes money out of your pocket.

Liability

Expense

Asset

Credit Card

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A sum of money used for a particular purpose

Expense

Budget

Checking Account

Credit Card

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When withdrawals have gone over the available amount.

Debit Card

Expense

Checking Account

Overdraft

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Card that takes money directly from your checking account.

Debit Card

Expense

Checking Account

Credit Card

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