W!SE Personal Finance Review
Authored by Liz Carr-Lee
Social Studies
9th - 12th Grade
Used 26+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is most liquid?
Savings
CD
Checking
Traditional IRA
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you deposit $10,000 or more in a bank account, the bank must notify the
US Treasury
FDIC
State Banking Commission
Federal Reserve
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which typically pays the highest rate of interest?
Savings
CD
Money Market Account
Common stock
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payroll taxes include deductions for Social Security and Medicare.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is least liquid?
Savings
Checking
Money Market Account
CD
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these financial institutions is not for profit & is owned by members?
Commercial bank
Savings & Loan Association
Credit Union
Investment Club
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is most liquid?
Corporate bond
Money Market Account
CD
Stock
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