Finance Basics

Finance Basics

11th Grade

5 Qs

quiz-placeholder

Similar activities

What do you know about Credit?

What do you know about Credit?

9th - 12th Grade

10 Qs

Entrepreneurship Unit 1

Entrepreneurship Unit 1

11th - 12th Grade

10 Qs

Management Theory - F. Taylor

Management Theory - F. Taylor

9th - 11th Grade

10 Qs

Online Safety Rules

Online Safety Rules

9th - 12th Grade

10 Qs

5 x 5 Rule

5 x 5 Rule

9th - 12th Grade

10 Qs

Business Studies Quiz

Business Studies Quiz

11th Grade

10 Qs

Unturned

Unturned

1st Grade - University

10 Qs

MANAGEMENT FUNCTIONS & ROLES

MANAGEMENT FUNCTIONS & ROLES

11th Grade

10 Qs

Finance Basics

Finance Basics

Assessment

Quiz

Business

11th Grade

Practice Problem

Easy

Created by

Kevin Gorman

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a simple definition of personal finance?

The study of government economies

Managing a company's finances

Managing your money, including saving and investing

The process of borrowing money from banks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to save money?

To spend more on luxury items

To have funds available for future needs or emergencies

To lend money to friends

To pay more taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

A plan for making and spending money

A detailed report of past expenses

A loan request form

A wish list of items to buy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to invest money?

To save it under your mattress

To spend it on vacations

To use it to buy assets that could increase in value over time

To donate it to charity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of creating a personal budget?

To ensure you spend all your money each month

To keep track of friends' expenses

To plan how to spend and save your money wisely

To calculate how much tax you owe