Financial Literacy
Quiz
•
Life Skills
•
5th - 6th Grade
•
Practice Problem
•
Hard
Marisa Moraski
Used 227+ times
FREE Resource
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of the document that comes with your paycheck and shows you what you were paid and how much was taken for taxes?
Paystub
Payline
Pay Report
Pay Sheet
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following would you budget for in "Utilities"?
Your college savings fund
Your electric and heating bills
Your grocery budget
Your car repairs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is "net pay" the money before or after taxes have been taken out?
before
after
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
You will go into _______ if you spend more money than you have.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account do you deposit your paycheck into?
Cash
Checking
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of an expense that you budget for as "reserves"?
Phone bill
Rent
Flat tire
Groceries
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Deciding how to spend your money before you actually spend it.
Balance
Copay
Checking account
Budget
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