Financial Literacy Quiz

Financial Literacy Quiz

4th Grade

15 Qs

quiz-placeholder

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Financial Literacy Quiz

Financial Literacy Quiz

Assessment

Quiz

Financial Education

4th Grade

Practice Problem

Hard

Created by

Nathalia Meneses

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for money that is earned from work or investments?

Let's say Ron earns money from his part-time job at the Quidditch stadium. What is this type of money called?

Debt

Expense

Income

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Harry is looking to open a new account for his everyday transactions like paying bills and making purchases. Which type of account should he choose?

Savings Account

Stock Market

Checking Account

Personal Check

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After a long week of caring for magical creatures at Hogwarts, Hagrid received his payment. What is the term for the money he receives for his efforts?

Salary

Invest

Wage

Interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ron has $500 left over after buying groceries. What term refers to this money?

Income

Debt

Savings

Spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hey there! Can you tell me what we call the amount of money Fred earns in a year?

Annually

Stock

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Harry is excited to start setting aside money for future adventures. What term refers to the money a person puts aside for future use?

Saving

Debt

Spending

Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ms. Granger borrowed some money from a friend. What is the term for the money she owes to others?

Credit

Income

Debt

Interest

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