Financial Literacy Final Exam Review

Financial Literacy Final Exam Review

9th - 12th Grade

25 Qs

quiz-placeholder

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Financial Literacy Final Exam Review

Financial Literacy Final Exam Review

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

Created by

Nicole Perini

Used 4+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

The total amount of an employee's earning before deductions are taken out.

Net Pay

Commission

Bonus

Gross Pay

2.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

The loss of potential gain from other alternatives when one alternative is chosen over the others.

Stop Loss Limit

Opportunity Cost

Conditions

Security

3.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Reimburses you for unexpected losses or damages caused by a specific set of hazards to a specific thing for a fee.

Deductible

Asset

Insurance

Riders

4.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Free money paid for the benefit of a student at an educational institution to aid the pursuit of his/her studies.

Scholarship

Student Loan

Bonus

Premium

5.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

A type of investment in which one buys shares in a particular company.

Security

Mutual Fund

Bond

Stock

6.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

An investment in a variety of stocks/bonds that is professionally managed.

Mutual Fund

Stock

Bond

Security

7.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Amount that must be paid before insurance coverage kicks in.

Premium

Bonus

Deductible

Conditions

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