BizTown Financial Literacy Test - Part 1

BizTown Financial Literacy Test - Part 1

6th Grade

55 Qs

quiz-placeholder

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BizTown Financial Literacy Test - Part 1

BizTown Financial Literacy Test - Part 1

Assessment

Quiz

Education

6th Grade

Medium

Created by

Leigh Munroe

Used 3+ times

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55 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a financial istitution?

library

city hall

museum

credit untion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: A bank is a financial institution.

true

false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An account that allows you easy access to your money through a debit card, atm, or checks is called...

credit union

savings account

checking account

personal loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is required when you deposit money into your account?

a signed deposist slip

your account number

a gift for the bank teller

swipe your credit card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is your net pay?

the amount of your paycheck before all taxes and deductions are taken out

the amount of your paycheck after all taxes and deductions are taken out

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can continue to write checks as long as you have checks in your checkbook. True or False

true

false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a direct deposit?

When you receive your paycheck, you take the check directly to the bank to deposit

Your job deposits your paycheck directly into your account electronically

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