Personal Finance Pretest

Personal Finance Pretest

9th Grade

54 Qs

quiz-placeholder

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Personal Finance Pretest

Personal Finance Pretest

Assessment

Quiz

Social Studies

9th Grade

Medium

Created by

Brandon Kennedy

Used 13+ times

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54 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The end of the year is here. The Media Center is charging fines to students who have not returned books. This is an example of which of the following?

Positive Incentive

Negative Incentive

Positive Expectations

Scarcity

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Coach Queen offered to make his classes BBQ if the class average on a test was an 80. What is this an example of?

Positive Incentive

Negative Incentive

Expectations

Opportunity Cost

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In order to best control spending you should keep track of monthly expenses by preparing a.....?

Budget

Deficit

Debt Plan

Roth IRA

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is the relationship between risk and return when it comes to investments?

Lower Risk = Higher Reward

Higher Risk = Lower Reward

Lower Risk = Lower Reward

5.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

Check all that apply...Which of the following are services offered by both banks and credit unions.

Checking Accounts

Savings Accounts

Roth IRAs

Credit Cards

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a benefit of investing in Mutual Funds?

Bonds are a safe investment

stock prices change too often

diversification of investment

Fund Managers know more about investment

7.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

Check all that apply....What is an advantage of using a Credit Union?

Lower interest rates on loans

higher interest rates on savings

Greater access to your accounts nationwide

Better technology for your financial needs

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