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Financial Literacy Intro Review

Authored by Michelle Thomas

Social Studies

9th - 12th Grade

Used 15+ times

Financial Literacy Intro Review
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

If you have a positive net worth, your liabilities total...

more than your assets

less than your assets

the same as your assets

twice as much as your assets

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Your net worth is your ________ minus your ________

assets; liabilities

liabilities; assets

stocks; bonds

paycheck; deductions

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Knowing how earning, budgeting, saving, spending and giving affect your money is involved in...

managing your money

managing your classmates

managing your sports team

managing your emotions

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is something you already own (positive cash value)?

asset

liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is debts you owe (negative cash value)?

assets

liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

MONEY IN A SAVINGS ACCOUNT

asset

liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

CAR LOAN

asset

liability

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