Financial Literacy EOC Review #2
Quiz
•
Other
•
1st - 12th Grade
•
Medium
phil Vance
Used 28+ times
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45 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a common feature of a financial institution?
Access to investment products
Paper checks
Access to ATM's
Direct deposit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following financial institutions typically have the highest fees?
Check cashing and payday loan companies
Credit Unions
Brick and Mortar Banks
Internet Banks
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If there is a mistake with one of your bank accounts, who should you contact to resolve the issue?
The CFPB
No one. You can't resolve the issue
The police
Your financial institution
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit of using a budget?
Helps to keep track of the money you receive
Helps to prioritize your spending
Helps to set short term and long term financial goals
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following should NOT be considered when setting a current budget?
Needs and wants
Your financial goals
future income
Savings
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a good way to track your spending?
In your head
Pencil and paper
Envelope method
Online software or app
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you are deciding what to buy, you should not...
compare the unit price of similar items
read reviews from unbiased sources
assume that buying the cheapest item is the best choice
wait for sales to get the best price
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