Personal and Business Finances part 1

Personal and Business Finances part 1

12th Grade

15 Qs

quiz-placeholder

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Personal and Business Finances part 1

Personal and Business Finances part 1

Assessment

Quiz

Business

12th Grade

Medium

Created by

Antonio Chavez

Used 58+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a fee?

A printed statement showing the money owed for services, goods, or utilities

A fixed price paid for services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mortgage?

A particular kind of loan specifically for purchasing property

The percentage charged by the lender for the loan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bargain?

An item offered for sale at a lower price than expected

Something that you buy that was too expensive for the quality you got

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a bill?

A printed statement showing the money owed for services, goods, or utilities

A fixed price paid for services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an installment?

One of a number of payments of a fixed amount paid for goods or services over a specific period of time

A single payment that is made at a given time instead of paying in installments

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

The amount of money that you have available to spend

The total amount of money made by an organization’s operations over a given period

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a rip-off?

An item offered for sale at a lower price than expected

Something that you buy that was too expensive for the quality you got

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