Financial Literacy Vocabulary

Financial Literacy Vocabulary

6th Grade

13 Qs

quiz-placeholder

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Financial Literacy Vocabulary

Financial Literacy Vocabulary

Assessment

Quiz

Mathematics

6th Grade

Medium

CCSS
RI.4.10, 6.NS.C.5, 7.NS.A.1A

+4

Standards-aligned

Created by

Shiloh Ray

Used 34+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Define Bank/Financial Institutions

Money added to a financial account through an electronic transaction

An exchange of money through deposits, withdrawals, and transfers

A company or business that focuses on financial transactions such as loans, deposits, withdrawals, and investments

A withdrawal from a checking account or withdrawal using a debit or ATM card

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is a deposit?

The amount of money held in a financial account

Adding money to a financial account such as a checking account or a savings account

A withdrawal from a checking account or withdrawal using a debit or ATM card

Money paid for services

Tags

CCSS.6.NS.C.5

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is a direct deposit?

Money added to a financial account through an electronic transaction

An exchange of money through deposits, withdrawals, and transfers

a document to record fees, deposits, withdrawals, and other financial transactions

When there is not enough money in a checking account to pay for withdrawals (banks charge fees for NSF)

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The amount of money held in a financial account is

a withdrawal

a debit card

the balance

a fee

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Taking money from a financial account is

the balance

check register

a deposit

a withdrawal

Tags

CCSS.7.NS.A.1A

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is a check register?

Money paid for services

a document to record fees, deposits, withdrawals, and other financial transactions

A withdrawal from a checking account or withdrawal using a debit or ATM card

When there is not enough money in a checking account to pay for withdrawals (banks charge fees for NSF)

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

An exchange of money through deposits, withdrawals, and transfers is

a transaction

a fee

the balance

Insufficient Funds

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