George’s parents are going on a cruise and are concerned about paying their bills while they are gone because they will not have the usual means of communication. What is the best payment method for them to use while they are gone?
Financial Responsibility

Quiz
•
Financial Education
•
9th - 12th Grade
•
Easy
Beautiful People
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
telephone
online payment
automatic withdrawal
2.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Barbara has $70.00 in her pocket and a $20 gift card. Which purchase will she be able to make without having to use her credit card?
a portable radio for $65.95 and speakers for $29.99
five books for $18.95 each
headphones for $25.99 and eight CDs for 8.99 each
six puzzles for $11.99 each and a board game for $15.89
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Ted has $55.00 in his pocket. Which purchase will he be able to pay for with cash?
two books for $29.95 each
headphones for $29.99 and a portable speaker set for $30.95
an MP3 player for $35.99 and a $20.00 gift card for downloading music
three books for $16.99 each
4.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Which is a long-term consequence of making late payments on your bills?
It will be harder to secure a new loan at a low rate.
The balance in your checking account will be negative.
There will be a late fee.
The number of payments will increase.
5.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Veronique and Lily each bought a piece of luggage that had the same price in different stores. The table below shows how they will pay for the item.
Who made the better financial decision and why?
Veronique because her payments are lower.
Veronique because her final cost, including finance charges, is less than Lily’s.
Lily because she is paying off her purchase sooner.
Lily because her final cost, including finance charges, is less than Veronique’s.
6.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
The chart describes four situations involving financial responsibility.
Which person is financially responsible?
Hallie
Hayden
Alison
Joel
7.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
Which person made the best payment decision for their preferences?
Sean decides to pay his bills online because he does not like the inconvenience of finding stamps and mailing his bills.
Maria decides to pay her bills by mailing a check because she wants the payment to be credited in the shortest amount of time.
Jonah decides to pay his bill by telephone because he wants to protect his account information.
Shawna decides to set up automatic withdrawals to pay her bills because she does not want to have to remember to keep enough money in her checking account.
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