Finance Vocab Challenge

Quiz

•

Mathematics

•

5th Grade

•

Medium

•

CCSS

RI.3.10, L.5.5C, L.2.4E

+17

Standards-aligned

Paige Six

Used 1+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a financial institution?

A financial institution is a government agency that regulates the financial industry.

A financial institution is a non-profit organization that provides financial education.

A financial institution is a company that provides financial services.

A financial institution is a type of insurance company.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a surplus?

A balanced amount of something

A shortage of something

A random amount of something

An excess amount of something

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does scarcity mean?

Equal distribution of resources

Limited availability of resources

Abundance of resources

Unlimited availability of resources

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are several things that Shelly needs to plan for to spend money on. What would be beneficial for her to create to help?

savings plan

investment portfolio

budget

expense tracker

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Everyday, American's are charged this on every purchase.

excise tax

income tax

sales tax

property tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you get a job and you make money, it is called?

position

occupation

life

income

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to save?

To keep or preserve something for future use or reference.

To share something with others.

To spend money on something.

To discard or throw away something.

Tags

CCSS.L.5.5C

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