
Financial Literacy Countdown Review
Quiz
•
Mathematics
•
6th Grade
•
Medium
ZOCHIL JAIME
Used 11+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following statements correctly describes a key feature of a debit card?
You can spend more money than you have in your account.
The money spent is directly taken out of your checking account.
You can borrow money from the bank to make purchases.
There is typically a high interest rate on the money you spend.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a primary difference between using a debit card and a credit card?
Debit cards allow you to earn rewards on purchases.
Credit cards require you to pay back the money you spend with interest.
Debit cards do not require a PIN for transactions.
Credit cards directly withdraw money from your checking account.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is important in establishing good credit?
Making payments on time
Being late on payments
Spending 100% of your credit limit
Missing a payment
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A payment option that allows you to work on campus at your college and earn money is called what type of payment option?
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A
B
C
D
6.
MULTIPLE CHOICE QUESTION
5 mins • 5 pts
A
B
C
D
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A
B
C
D
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