22-23 PrinB U6L3 Managing your Money
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10th - 12th Grade
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which type of bank account allows you to withdraw money from the account on a frequent basis?
Checking
Savings
Money market
Certificate of deposit (CD)
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What does a money market account offer that a certificate of deposit (CD) does not offer?
You make more money in interest.
You can withdraw money at any time.
There is no difference between a money market account and a CD.
You can open more than one money market account.
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is the best description of reconciling a bank account?
Adding money to your bank account
Comparing your own records to bank records
Closing your bank account
Comparing your bank account to your earnings
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Why might a person choose to open a certificate of deposit (CD)?
To make the highest profit possible
To own shares in a corporation
To earn interest over time without risk
To have easy access to spending money
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is a stock?
A share of ownership in a corporation
The same thing as a bond
A type of bank account
A risk-free investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following might issue a bond?
An investment firm
The IBM corporation
A small business
The state of Nebraska
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following investment plans involves the greatest amount of risk?
Investing in bonds
Investing in individual stocks
Investing in mutual funds
Putting money in a money market account
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