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Semester 1 Review Quiz PF

Authored by William Dawson

Mathematics

9th - 12th Grade

CCSS covered

Used 5+ times

Semester 1 Review Quiz PF
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Making the right choices with your money—managing your money—involves knowing how . . .

Consumer decisions will affect your

accounts

Planning, saving, spending, and investing will define your financial portfolio

Earning, budgeting, saving, spending, and giving affect your money

To make bank deposits using registers with the appropriate transactions listed

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is The First Foundation?

Build wealth and give.

Save a $500 emergency fund.

Open a checking account.

Pay cash for college.

Tags

CCSS.7.NS.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Personal finance is 20%_____________ and 80%_____________ .

Cause; effect

Head knowledge; behavior

Behavior; head knowledge

Reactions; behaviors

Tags

CCSS.RL.11-12.2

CCSS.RL.9-10.2

CCSS.RL.8.1

CCSS.RI.8.2

CCSS.RL.7.1

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What are the Four Walls?

Life insurance, car insurance, shelter, and transportation

Utilities, college fund, transportation, and car insurance

Food, utilities, shelter, and transportation

Cell phone bill, car insurance, shelter, and money for the movies

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The interest rate on a savings account determines . . .

How quickly your money will grow over time

How much money you need to have to open the account

The amount of time your money will be in

the account

How much you will pay the bank to manage the account

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Why do stores rarely advertise the full price of big purchases like smartphones?

They are trying to keep their prices competitive

Hiding the full price allows stores to change their pricing as the market fluctuates.

They are trying to cheat you.

By showing you only the monthly payment, they make the product seem affordable.

Tags

CCSS.RL.8.1

CCSS.RI.8.8

CCSS.RI.8.1

CCSS.RL.11-12.1

CCSS.RL.9-10.1

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the Third Foundation?

Create a monthly budget.

Save for retirement.

Pay cash for college.

Pay cash for car.

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