
Financial Literacy
Authored by Sharon Collins
Other
7th - 8th Grade
CCSS covered
Used 14+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define Budget
A list of things you want.
A list of things you need.
A total of how money will be used for particular purpose.
The same thing as a savings account.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A debit card is.......
A card that lets you buy goods and services based on a promise to pay later when the bill comes.
A card that takes money directly from your bank account.
A card in which you may only make online purchases.
A card with a specified amount of money.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A credit card is.....
A card that lets you buy goods and services based on a promise to pay later.
A card that takes money directly from you bank account immediately.
A card in which you may only make online purchases.
A card that doesn't have a specific limit.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A checking account is.....
A sum of money to be used for a particular purpose.
A share in a corporation that gives you a stake in the company and its profits.
A bank account where the depositor can write checks.
A bank account that can not be touched for a period of time.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A savings account is....
a bank account where money is stored and returns a low interest rate.
the same thing as a checking account.
a bank account that allows you to borrow money at a rate of interest.
an account that can't be touched for a period of time.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______ is a check that is dishonored because of insufficient funds.
Bad Check
Cleared Check
Statement
Check register
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ is a check that has been honored and processed.
Overdraft
Statement
Cleared Check
Check register
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