Chapter 9: Compile Your Files Review
Authored by Mary Evans
Other
6th - 8th Grade
Used 1+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Only 32% of Americans would be able to cover a $5,000 emergency with cash without going into debt for it.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person's budget can be flexible providing that they keep an eye on their financial goals.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A special account in which to save money for unexpected costs is known as a forecast.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Knowing your budget and what you can afford will not help you stay on track.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person should consider using their excess cash to pay down debt.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long should a person hold on to their bank statements?
One month
Three months
Six months
One year
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is NOT considered to be an important financial record?
Bills
Tax documents
Paychecks
Report cards
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