What is the term used to describe the amount of money owed to a lender?

• Income

• Debt

• Fee

• Balance

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DOK Level 1: Recall

Which term refers to the cost of borrowing money, usually expressed as a percentage of the amount borrowed?

• Interest

• Credit

• Minimum

• Fee

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DOK Level 1: Recall

What is the term for the lowest amount that must be paid on a credit card bill each month to avoid penalties?

• Balance

• Minimum

• Income

• Fee

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DOK Level 1: Recall

Which term describes the total amount of money in a financial account at a given time?

• Balance

• Credit

• Interest

• Fee

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DOK Level 1: Recall

What is the term for the process of assessing the value or performance of something?

• Evaluate

• Promote

• Restructure

• Indication

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DOK Level 1: Recall

Which term refers to the act of giving priority to certain tasks or goals over others?

• Restructure

• Promote

• Priority

• Indication

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DOK Level 1: Recall

What is the term for the regular review or assessment of a situation or process?

• Periodically

• Accurately

• Potential

• Significant

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DOK Level 1: Recall

Which term is used to describe the act of changing the structure or organization of something?

• Restructure

• Promote

• Evaluate

• Indication

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DOK Level 1: Recall

What is the term for the act of encouraging or advancing someone or something to a higher position or rank?

• Promote

• Evaluate

• Restructure

• Indication

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DOK Level 1: Recall

Which term refers to the state of being unable to pay outstanding debts?

• Bankrupt

• Credit

• Balance

• Fee

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DOK Level 1: Recall