Net worth

Net worth

7th Grade

20 Qs

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Assets and Liabilities Practice

Assets and Liabilities Practice

Net worth

Net worth

Assessment

Quiz

Mathematics

7th Grade

Easy

CCSS
6.NS.C.7C, 6.NS.C.5, 7.EE.B.3

+9

Standards-aligned

Created by

Cory McManness

Used 4+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another word for house payment?

Wages

Net Worth

Mortgage

Book

Tags

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The difference of what you own and what you owe (the difference between assets and liabilities)

asset

liability

net worth

coconut

Tags

CCSS.6.NS.C.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets-Liabilities=

assets

expenses

net worth

savings

Tags

CCSS.7.NS.A.1B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets=$20,000

Liabilities=$50,000

What is the net worth?

$80,000

- $80,000

$30,000

- $30,000

Tags

CCSS.6.NS.C.5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an asset?

mortgage

school loan

jewelry

credit card bill

Tags

CCSS.4.OA.B.4

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can have negative Net Worth.

True

False

Tags

CCSS.6.NS.C.7C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bills and Loans are examples of ________?

Assets

Liabilities

Net worth

Pickles

Tags

CCSS.6.NS.C.7C

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