2024 Unit 4.1

2024 Unit 4.1

9th - 12th Grade

11 Qs

quiz-placeholder

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2024 Unit 4.1

2024 Unit 4.1

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

DOK Level 1: Recall

Standards-aligned

Created by

Nikki Brewer

Used 23+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The monetary charge for borrowing money

Interest
Service Charge
Loan Fee
Principal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

is the original amount of money that is borrowed, invested, or lent

Deposit
Principal
Loan
Interest

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a document that details a person's current financial circumstances, their short- and long-term monetary goals, and their strategies to achieve those goals.

financial plan
savings account
investment portfolio
budget report

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a spending plan based on income and expenses

expense tracker
financial report
budget
savings plan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term used to describe the money you earn from a job before any deductions are taken out?

Net Income

Gross Income

Total Revenue

Disposable Income

Tags

DOK Level 1: Recall

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

this type of expense stays the same each month

fixed income

variable expense

discretionary expense

fixed expense

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

expenses that change in cost and occurrence

Variable expenses
Irregular expenses
One-time expenses
Fixed expenses

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