Chapter 16 Review

Chapter 16 Review

9th - 12th Grade

10 Qs

quiz-placeholder

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Chapter 16 Review

Chapter 16 Review

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Veronica Crawford

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A personal balance sheet would report all of the following except:

net income

amount in your checking account

value of your car

home mortgage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Setting financial goals is the ______ step in creating and using a budget.

first

second

third

final

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following can BEST help you develop categories and provide a basis for a budget?

paycheck stub

balance sheet

cash flow statement

cost benefit analysis

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This insurance provides cash payments for a limited time to individuals who are out of work for a reason other than illness.

disability income insurance

survivors insurance

unemployment insurance

retirement insurance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person's tax can be reduced by:

exemptions

tax credit

donations to charities

all are true

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount spent for food, clothing, and other living costs.

annuity

net income

personal assets

cash outflows

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount of money an insurance company pays to a person who has previously deposited money with the company.

annuity

net income

personal assets

cash outflows

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