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Financial Literacy Quiz

Authored by HANNAH FRAGA

Mathematics

4th Grade

CCSS covered

Financial Literacy Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks, credit unions, and savings and loans are best described as:

financial institutions

profit

fishing industries

financials institutions and markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Putting money aside from current income to buy something in the future is known as:

recovering

spending

investing

saving

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amounts of money spent are referred to as:

receipts

profit

expenses

income

Tags

CCSS.7.EE.B.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Expenses that occur regularly but vary/change from month to month are called:

variable expense

income

financial institution

fixed expense

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Cost Price = $400, Selling Price = $375. Is it profit or a loss?

Evaluate responses using AI:

OFF

Tags

CCSS.6.NS.C.7C

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Cost Price = $400, Selling Price = $375. How much?

Evaluate responses using AI:

OFF

Tags

CCSS.6.NS.C.7C

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Find the cost price or selling price. Selling Price = $4,845, Profit = $425. Cost Price = ________.

Evaluate responses using AI:

OFF

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

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