Understanding Money

Understanding Money

6th - 8th Grade

38 Qs

quiz-placeholder

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Understanding Money

Understanding Money

Assessment

Quiz

Life Skills, Business

6th - 8th Grade

Practice Problem

Medium

Created by

Darilyn Gorton

Used 42+ times

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38 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A share in the ownership of a company. A company sells stock to raise money. If the company does well, the value of the stock may increase.

Bonds

Certificate of Deposit

Investment(s)

Stocks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Savings options, like stocks or bonds, that can make your money grow faster than a savings account. But you might not be able to take out your money anytime you want. And with some investments, you could also lose money.

Bonds

Certificate of Deposit

Investment(s)

Stocks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________________ are agreements to lend money to companies or the government. They agree to pay you back by a certain date, with higher interest than a savings account.

Bonds

Certificate of Deposit

Investment(s)

Stocks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A form of savings in writing that gains interest and has a set time before you can withdraw your money (if you take your money out early, you will likely be charged a fee.)

Bonds

Certificate of Deposit

Investment(s)

Stocks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of job you do for a long time and may require some education, training, or experience related to it.

Career

Gross Income

Job

Net Income

Overtime

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Working Extra Hours To Make Extra Money.

Career

Gross Income

Job

Wage

Overtime

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It Is Payday you just got either a piece of paper (or money deposited in your account. You get this every pay cycle.

Gross Income

Net Income

Pay Check

Wage

Overtime

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