Financial Planning Vocabulary Test
Authored by candice lacey
Business, Mathematics
7th - 12th Grade
CCSS covered
Used 6+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
A sum of money that is owed.
Tags
CCSS.L.1.6
CCSS.L.3.6
CCSS.L.K.5A
2.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Money spent or costs incurred.
Assets
Tags
CCSS.6.SP.B.5B
3.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Items or things belonging to someone; A building.
Liability
Tags
CCSS.L.1.6
CCSS.L.3.6
CCSS.L.K.5A
4.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
An organisation involved in selling goods or services for profit.
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Borrowing of money.
6.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
An agreement between a bank/platform, allowing money and other assets to be held there.
7.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
An asset or item required with the goal of generating an income.
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