Search Header Logo

Key Financial Concepts Quiz

Authored by Courtney Thomas

Business

9th - 12th Grade

Used 12+ times

Key Financial Concepts Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are assets?

Something of value

Money earned when something is sold

An obligation you have to pay someone else money

Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

___ are cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Collateral can be defined as

The right to take possession of collateral until a debt is repaid

Money earned when something is sold

Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment.

The money a person borrows to buy real estate.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who is considered credit-worthy needs a credit score ranging between 700 and 800.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A dividend is money paid by a company to a person who owns stock in that company. When are they paid?

Quarterly

Annually

Either quarterly or annually.

None of the above

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A liability can be considered a debt or

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you can't repay a bank loan, the bank has the right to take possession of your inventory and sell it to pay themselves the money you owe them. This means that the bank has a what?

Commissions

Obligation

Lien

Notes Payable

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?