Financial Knowledge

Financial Knowledge

9th - 12th Grade

17 Qs

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Financial Knowledge

Financial Knowledge

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Shannon Davis

Used 1K+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money raised for a company in exchange for a share in the company

Equity

Creating a business

Borrowing

Start Up Costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks are _____________ businesses that offer a variety of services to the public

For profit

Non profit

Public

Private

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A creditors analysis of the ability of an individual or business to repay a loan

Interest Rate

Capital

Collateral

Creditworthiness

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are considered when obtaining a loan?

Ability to repay

Credit History

Collateral

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of using the money provided by a loan

Capital

Collateral

Interest Rate

Loan Term

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The period of time in which the loan must be paid

Pay back terms

Loan term

Collateral

Capital

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Borrowing money that must be paid back over time, usually with interest

Venture Capitalist

Debt

Credit Unions

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