Money Management

Money Management

11th - 12th Grade

21 Qs

quiz-placeholder

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Money Management

Money Management

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Created by

Tracie Crowley

Used 16+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a need?

a new car

a clothes dryer

a place to sleep

lunch at a local restaurant

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors can influence decisions? (check only only answer)

age

values

family

peers

all of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A value can be described as

something basic for your survival

something you desire to make life more comfortable now

a willingness to give up something now in exchange for a future benefit

a belief or idea you consider important or desirable

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Marcus set a goal to buy a used car in the next few months. He plans to make a $2500 down payment and has already saved $1300. If he can save $150 each month for this goal, how long will it take him to save the entire the rest of the money?

6 months

8 months

10 months

12 months

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Lisa will buy two new car tires three months from now. Each tire costs $75. How much will Lisa need to save each month to read her goal?

$25

$50

$75

$150

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Willie's Weekly Spending Log:

bought 5 lunches at $4 each

gave $5 to a friend for gas

weekly paycheck of $57

received $5 from Aunt Lillie

Purchased a video game for $14

Purchased 2 buses tickets for $1.25 each

Purchased a concert ticket $20


What was Willie's income during the week?

$5

$57

$62

$123.50

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Willie's Weekly Spending Log:

bought 5 lunches at $4 each

gave $5 to a friend for gas

weekly paycheck of $57

received $5 from Aunt Lillie

Purchased a video game for $14

Purchased 2 buses tickets for $1.25 each

Purchased a concert ticket $20


What was the total of Willie's expenses during the week?

$44.25

$61.50

$66.50

$106.25

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