Financial Literacy Unit Assesment
Quiz
•
Mathematics
•
4th Grade
•
Easy
+13
Standards-aligned
Latasha Owens
Used 2+ times
FREE Resource
25 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Journey spent $600 on rent, $232 on a car payment, $43 on clothes, and $16 on a gift, and $28 on a new video game. How much did she spend on variable expenses?
Tags
CCSS.3.OA.D.8
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Zoey sold snacks at a neighborhood pool. The cost of preparing the snacks was $10.29. The money she received from the sale of the snacks was $21.75. What was Zoey's profit?
$32.04
$21.75
$11.46
$10.29
Tags
CCSS.6.NS.B.3
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of these services is not provided by a financial institution such as a bank or credit union?
Informing customers of the amount of money in their accounts
Informing customers of how the money in their accounts must be spent
Providing cash when customers make withdrawals from their accounts
Providing loans to customers that can be paid back over time with interest
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Raina sold pens decorated with fancy tape.
- Raina's expenses were 11.57 for supplies.
- Raina sold 12 pens for $2 each.
What was Raina's profit?
$24.00
$35.57
$12.43
$2.43
Tags
CCSS.6.NS.B.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Some people borrow money to buy cars. They have to make car payments to pay back the money they borrowed. What kind of expenses are most car payments?
Variable expenses, because the amount usually changes every month
Variable expenses, because the payment is not due every month
Fixed expenses, because the amount is usually the same every month
Fixed expenses, because the car is usually paid for after one month
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Gwen bought an old table. She repaired in and painted it so that it looked new. Then she sold the table. Gwen madre the list about what she did.
Price paid for old table: $10
Cost to repair: $5
Cost to paint: $7.50
Selling Price $50
What was Gwen's profit from selling the table?
$27.50
$50.00
$22.50
$40.00
Tags
CCSS.6.NS.B.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The table shows Adam's expenses for school lunches and book fairs.
Which statement about Adam's expenses is true.
School lunches are fixed, but book fairs are a variable expense.
Both school lunches and book fairs are fixed expenses.
Both school lunches and book fairs are variable expenses.
The book fairs are a fixed expense, but school lunches are a variable expense.
Tags
CCSS.5.OA.B.3
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