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Financial Literacy Quiz

Authored by Mary Sfraga

Social Studies

6th Grade

Used 19+ times

Financial Literacy Quiz
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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a financial institution is...

A department store

A bank

A school

An ATM machine

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who uses financial institutions?

Adults

College graduates

Someone who maintains a savings or checking account

Account holders with a lot of cash

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An electronic way to view account activity and pay bills via the internet...

Online banking

Internet banking

Financial institution

None of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: A debit card is like a paper check but doesn't require the processing time of a check.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: A debit card is handy in an emergency when you don't have the money to spend.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: A debit card is a pay-now payment type with no grace period for payments.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: A bank is a not-for-profit financial institution.

True

False

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