BF21 Unit 4 Practice Test

BF21 Unit 4 Practice Test

Assessment

Quiz

Financial Education

6th Grade

Hard

Created by

Millard Davis

FREE Resource

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50 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

How many credit reporting agencies are there?

one

two

three

four

2.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Which scenario is an example of point-of-sale fraud?

vendors taking funds from the register

employees undercharging their friends

competitors accessing computer files

customers replacing price tags

3.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Which job duties belong to a person who works in corporate finance?

accepting deposits, lending funds, and extending credit

budgeting, financial planning, and implementing capital structure

delivering “products” that transfer risk from customers to the company

dealing with cash management, short-term investments, and mortgages

4.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

Which is a public good that is provided by government?

interstate highways

marketing research

new automobiles

private schools

5.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

As the size and power of U.S. businesses have grown over time, the federal government's involvement in the U.S. economy has:

increased.

decreased.

stayed the same.

become unimportant.

6.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

A private securities transaction exists when a representative:

has a joint account with a family member.

makes a trade from his personal account.

is engaged with an outside business.

is selling away.

7.

MULTIPLE CHOICE QUESTION

45 sec • 2 pts

The two most important pieces of information to safeguard in order to protect against identity theft are one's:

date of birth and address.

Social Security number and address.

Social Security number and date of birth.

full legal name and Social Security number.

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