finance quiz

finance quiz

12th Grade

•

57 Qs

quiz-placeholder

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finance quiz

finance quiz

Assessment

Quiz

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Other

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12th Grade

•

Medium

Created by

Lauren Bryant

Used 1+ times

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57 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that is purchased with the hope that it will generate income or be more valuable at a future date.

investment

loan

income

expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money borrowed from a bank.

dept

loan

budget

expense

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability to borrow money. The borrower is expected to pay back a minimum amount each month in addition to any interest added.

interest

interest rate

budget

credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost paid to secure a good or service.

expense

income

dept

interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payment received for goods or services, including employment.

interest

dept

credit

income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage at which interest is charged or paid.

interest

interest rate

budget

cost benefit analysis

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A plan for future spending and saving, weighing estimated income against estimated expenses.

income

cost comparison

budget

cost benefit analysis

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