Financial Literacy Vocabulary

Financial Literacy Vocabulary

6th Grade

26 Qs

quiz-placeholder

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Financial Literacy Vocabulary

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Assessment

Quiz

Mathematics

6th Grade

Medium

CCSS
RI.4.10, L.3.4D, 7.RP.A.3

+17

Standards-aligned

Created by

Amanda Devlin

Used 18+ times

FREE Resource

26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the amount of money that a financial institution allows a client to borrow?

Credit report

Credit limit

Debit card

Savings

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a scholarship?

A type of loan that must be repaid with interest

Money to help a student pay for their education

A fee charged for banking services

A document detailing financial history

Tags

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term savings refer to?

Money borrowed from a bank

Money placed in a bank account that is not intended to be spent immediately

A report of one's credit history

A fixed charge for a service

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a flat rate?

A variable interest rate

A charge that varies depending on the amount of money borrowed

A charge that is the same in all cases

The cost of purchasing an item on credit

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a credit report?

A list of all the degrees a person has earned

A summary of a person's savings and checking accounts

A document that provides detailed information about all debts and financial history

A record of a person's credit card transactions

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term represents all education that takes place after high school

post-secondary education

vocational training

high school diploma

associate's degree

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  1. Training that emphasizes skills and knowledge required for a particular job function is called what?

post-secondary education

work

vocational training

drivers education

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