Personal Finance: Investing & Insurance

Personal Finance: Investing & Insurance

6th - 8th Grade

12 Qs

quiz-placeholder

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Personal Finance: Investing & Insurance

Personal Finance: Investing & Insurance

Assessment

Quiz

Business

6th - 8th Grade

Medium

Created by

Corey Troxell

Used 10+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of security that gives stockholders a share of ownership in a company

Credit Cards

Debit

Stocks

Properties

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The higher the risk the, _______ the reward
Higher
Lower
There is no relationship between risk and reward
All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The lower the risk, the ______ the reward
Higher
Lower
There is no relationship between risk and reward
All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mutual fund?

They represents ownership of a corporation. Stockholders own a share of the company and are entitled to a share of the profits as well as a vote in how the company is run.

A mutual fund is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

Professionally managed portfolios made up of stocks, bonds, and other investments.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are stocks?

A Stock is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

Investments that represent small pieces of ownership in a company.

Professionally managed portfolios made up of mutual funds, bonds, and other investments.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A insurance deductible is

the money you pay before any work or repairs on your property can take place.

the money you pay before any work or repairs on someone else's property can take place.

the money you pay to have insurance.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bond?

They represents ownership of a corporation. Stockholders own a share of the company and are entitled to a share of the profits as well as a vote in how the company is run.

A mutual fund is an “IOU,” certifying that you loaned money to a government or corporation and outlining the terms of repayment.

A loan of money to a business or government that is paid back with interest over time

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