Financial Literacy: Personal Finance Basics

Financial Literacy: Personal Finance Basics

9th Grade

10 Qs

quiz-placeholder

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Financial Literacy: Personal Finance Basics

Financial Literacy: Personal Finance Basics

Assessment

Quiz

Financial Education

9th Grade

Medium

Created by

DAVID NEWCOMB

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for a generous gift of money or time to a person or organization?

Fixed Income

Charitable Donation

Variable Expense

Nonprofit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bill, such as a utility bill, which is a different amount each month is known as a ______.

Fixed Expense

Variable Expense

Discretionary Expense

Take-home Pay

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for a log of deposits and withdrawals from a checking account?

Closing Balance

Checkbook Register

EFT

Reconciliation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

EFT is an acronym for ________.

Electronic Fund Transfer

Electronic Financial Transaction

Easy Fund Transfer

Electronic Fund Transaction

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are dividends?

Earnings paid to shareholders by a company from its profits

Profit made from investment

One-way payment of money for which no service or good is exchanged

None of the above.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital Gain is a ______.

One-way payment of money for which no service or good is exchanged

Profit made from investment

Earnings paid to shareholders by a company from its profits

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Transfer Payments refer to: A) Profit made from investment B) Earnings paid to shareholders by a company from its profits C) One-way payment of money for which no service or good is exchanged D) All of the above.

Profit made from investment

Earnings paid to shareholders by a company from its profits

One-way payment of money for which no service or good is exchanged

All of the above

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