Economics/Financial Literacy Test

Economics/Financial Literacy Test

12th Grade

26 Qs

quiz-placeholder

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Economics/Financial Literacy Test

Economics/Financial Literacy Test

Assessment

Quiz

Special Education

12th Grade

Medium

Created by

Alyssa Audiffred

Used 8+ times

FREE Resource

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a financial institution is:

An ATM

A School

A Bank

A Police Station

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who uses financial institutions?

Adults

Everyone who maintains a savings or checking account

College graduates

Account holders with a lot of money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Online banking is when you just bank solely on the internet?

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the incorrect statement:

Debit card allows an immediate electronic transfer savings

A debit card is handy in an emergency when you don't have $

Debit card is a paper check

A debit card is a pay-now payment type with no grace period

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are checks?

IOU'S

Special bank paper

Tickets

Letters

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your pin number is a 4 digit code that gives you an extra level of protection to your card.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check is a formal document.

True

False

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