CF II Unit 4 Finance Vocabulary test
Authored by Angel Jefferson-White
Other
8th Grade
Used 15+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an asset?
A plan for spending and saving money
Any items of value that people own
A life-work chosen by a person
An arrangement to receive cash, goods, or services now and pay for them in the future
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
A plan for spending and saving money
Any items of value that people own
A life-work chosen by a person
An arrangement to receive cash, goods, or services now and pay for them in the future
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a career?
A plan for spending and saving money
Any items of value that people own
A life-work chosen by a person
An arrangement to receive cash, goods, or services now and pay for them in the future
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is credit?
A plan for spending and saving money
Any items of value that people own
A life-work chosen by a person
An arrangement to receive cash, goods, or services now and pay for them in the future
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a debit?
A plan for spending and saving money
Any items of value that people own
An amount recorded on the left side of an account
An arrangement to receive cash, goods, or services now and pay for them in the future
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are expenses?
A plan for spending and saving money
Any items of value that people own
Any money a person spends or gives away
An arrangement to receive cash, goods, or services now and pay for them in the future
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is income?
A plan for spending and saving money
Any items of value that people own
Money that a person receives
An arrangement to receive cash, goods, or services now and pay for them in the future
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