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Wise Remediation

Authored by Steven Dent

Business

10th Grade

Used 21+ times

Wise Remediation
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25 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

_____ is the cognitive understanding of financial components and skills such as budgeting, investing, borrowing, taxation and personal financial management.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the absence of financial literacy known as?

Opportunity cost

Financial illiteracy

Scarcity

Expense

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What are sources of income? (Select all that apply)

Wages

Interest

capital

Profits

Expenses

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the degree of ease in which assets can be sold?

Cost

Expense

Liquidity

Price

5.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What is the role of the treasury department?

Collect taxes

Monitor insider trading

print money

issue treasury bonds

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The people that are least hurt by inflation are those who owe large amounts of money.

True

False

7.

MATCH QUESTION

1 min • 1 pt

Match the following

 a feature offered by banks to keep your checking account from over-drafting

Time value of money

interest added to principal

Overdraft Protection

member owned co-operative financial institution

Compound Interest

automatically route money from paycheck to savings (before paying bills).

Pay Yourself First

calculated by value of money with given amount of interest earned over a period of time

Credit Union

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