
Money Confident Kids Test
Authored by Ryan Wolf
Business
7th Grade
Used 14+ times

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47 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
401(k) or 403(b)
An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.
A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.
A place to put your money as in a bank, credit union or other financial instution.
Money given to a person on a regular basis.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Roth IRA
An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.
A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.
A place to put your money as in a bank, credit union or other financial instution.
Money given to a person on a regular basis.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Account
An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.
A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.
A place to put your money as in a bank, credit union or other financial instution.
Money given to a person on a regular basis.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Allowance
An investment plan companies offer to save for retirement. Money is taxed when withdrawn, not invested.
A personal investment plan to save for retirement. Money is taxed when invested, not withdrawn.
A place to put your money as in a bank, credit union or other financial instution.
Money given to a person on a regular basis.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Asset
Anything that has financial value.
How your money is divided among stocks, bonds, short-term investments, and other assets.
An asset issued by a company or government. A loan to the organization.
A plan of how much money a person or business can spend, and how it will be spent.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Asset Allocation
Anything that has financial value.
How your money is divided among stocks, bonds, short-term investments, and other assets.
An asset issued by a company or government. A loan to the organization.
A plan of how much money a person or business can spend, and how it will be spent.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bond
Anything that has financial value.
How your money is divided among stocks, bonds, short-term investments, and other assets.
An asset issued by a company or government. A loan to the organization.
A plan of how much money a person or business can spend, and how it will be spent.
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