Personal Decision Making/Banking  Quiz

Personal Decision Making/Banking Quiz

11th Grade

•

25 Qs

quiz-placeholder

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Personal Decision Making/Banking  Quiz

Personal Decision Making/Banking Quiz

Assessment

Quiz

•

Other

•

11th Grade

•

Practice Problem

•

Hard

Created by

Yolanda Barron

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the term for the money you earn from various sources such as allowances, part-time jobs, or gifts?

Expenses

Budget

Income

Debt

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which term describes the money you spend on goods and services, including necessities like food, housing, and transportation?

Credit Score

Expenses

Saving account

Investing

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is a plan that outlines your income and expenses, helping you manage your money effectively and reach your financial goals?

Budget

Interest

Debt

Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is a bank account where you can deposit money and earn interest on the balance?

Credit Score

Saving account

Expenses

Investing

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the term for money borrowed from lenders that must be repaid, often with interest?

Debt

Budget

Income

Interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the amount of money paid or earned for the use of money?

Credit Score

Budget

Interest

Expenses

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is a numerical representation of your creditworthiness based on your credit history?

Income

Credit Score

Saving account

Investing

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