Financial Quiz

Financial Quiz

9th - 12th Grade

9 Qs

quiz-placeholder

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Financial Quiz

Financial Quiz

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Medium

Created by

Natasi Edwards

Used 3+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a monthly fee?

A fee you pay to the store bi-weekly

A base fee paid once a month to the bank

A fee you pay to the bank yearly

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are NSF charges?

A charge to your credit card monthly

Special funds that the government gives you.

A fee you have to pay when your bank balance drops below zero dollars

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest rate is________?

The cost of borrowing money

The amount of money in your bank account

A fee that on your debit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A secured loan means that you are putting up something you own as collateral.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

OSAP stands for____________.

Ontario Student Aid Program

Ontario Student Arms Program

Ontario Student Assistance Program

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the items below can help you build your credit?

Debit Card

Credit Card

A Paystub

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Net Income = Income after deductions.

True

False

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A pay stub is_________?

a record of expenses

  • a record of wage payments

Your credit card statement

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A paycheque is_______?

A cheque that you send to the bank

What you see debit purchase with

A payment of wages