Financial Literacy

Financial Literacy

6th Grade

23 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

Social Studies

6th Grade

Medium

Created by

Katie Christensen

Used 91+ times

FREE Resource

23 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the following defintion with the word

hourly pay

Hourly pay multiplied by the number of hours worked

net pay

Money a person takes home after deductions

deductions

Money taken out of a person's paycheck- insurance, income tax, social security

gross pay

The amount of money a person earns every hour

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money taken out of your paycheck.

Taxes
Bonuses
Salary
Deductions

3.

DRAG AND DROP QUESTION

1 min • 1 pt

Your ​​ (a)   is the money you have coming in for work or an investment.​ (b)   are the money paid for a good or a service. Your ​ (c)   are money or property that you own and your ​ (d)   are the debts you owe to a person or a business.

income
deductions
Expenses
assests
liabilities
needs
want
donation

4.

DROPDOWN QUESTION

1 min • 1 pt

You buy a piece of candy at the gas station. This is an example of​ (a)  

want
need
assest
investment
grace period

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

This is the plan you make so that you know where you money is being spent and earned.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

House payment, rent, groceriers, and car payment are all examples of

income

needs

deductions

expenses

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a finance charge?

A finance charge is a discount offered on credit purchases.
A finance charge is a penalty for early payment of credit.
A finance charge is a reward for using credit cards.

A finance charge is a fee charged for the use of a credit card

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