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Lucas Finance Quiz

Authored by Sharon Lucas

Business

7th Grade

Used 7+ times

Lucas Finance Quiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

An account attached to a debit card

savings account

CD account

IRA

checking account

2.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

A card used to make purchases on credit. "Buy now, pay later."

checking account

savings account

credit card

IRA

3.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

A set amount of income determined on how many hours an employee works

income

salary

hourly pay

commissions

4.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

A job taking a significant amount of time in a person's life

career

part-time job

obtaining an associate's degree

obtaining a GED

5.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

A number that indicates how well a person repays loans or other bills

IQ score

credit score

social security number

student ID number

6.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

An additional amount charged to a loan expressed in a percent

a late fee

interest rate

early payoff penalty

credit score

7.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Money earned as a percentage of a sale or service

salary

hourly wage

commission

overtime pay

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