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Mathematics

7th Grade

CCSS covered

Used 251+ times

Net worth
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Property owned by a person or company, regarded as having value is an __________

asset

liability

net worth

pizza

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another word for house payment?

Wages

Net Worth

Mortgage

Book

3.

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets-Liabilities=

assets

expenses

net worth

savings

5.

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an asset?

mortgage

school loan

jewelry

credit card bill

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can have negative Net Worth.

True

False

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