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Financial Literacy- Principles of Business

Business

8th Grade

18 Questions

Used 1+ times

Financial Literacy- Principles of Business
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the beginning of a checklist for financial literacy?

Knowing how to save money

Learning about different currencies

Understanding the stock market

Being able to identify what is a NEED and a WANT

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What rule is suggested for budgeting monthly income?

80-10-10 rule

50-30-20 rule

70-20-10 rule

60-30-10 rule

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key aspect of becoming more valuable to employers?

Attending more meetings

Working harder than others

Taking longer breaks

Asking for more salary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the best reason for a high school student with a part-time job to start saving?

The habit of saving

To have spending money

For unexpected expenditures

To buy a new car

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Imagine you have $500 to start investing in the stock market. What is the most recommended type of investment for you?

Buying a single stock

Investing in a mutual fund or ETF, stocks

Purchasing gold

Starting a business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does owning a stock in a company entitle you to?

A position in the company

A stream of profits the company will hopefully make

Ownership of the company's products

A fixed annual income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most powerful force in the universe according to Albert Einstein?

Electromagnetism

Gravity

Nuclear force

Compound interest

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