
11th Avid Finical Lit Quiz
Authored by Casey Sonier
Other
11th Grade
Used 6+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is considered an advantage to using a debit card to make purchases?
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an advantage of using a credit card?
Interest is charged for the use of a credit card.
Consumers can purchase things now, and pay for them later in the event of an emergency.
You could be a victim of identity theft.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is maintaining good credit important?
Can help you graduate from college
Allows you to carry more cash than usual
Allows you to buy expensive items and pay over time
Might cause your interest rates to be raised
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a plan for how you spend your money?
income
sales tax
budget
deposits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is money you earn?
income
budget
assets
net worth
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True of false: grants need to be repaid.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or false: scholarships are automatically renewed each year.
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