Financial Literacy (AI + sourced generated passage)
Passage
•
Mathematics
•
9th - 12th Grade
•
Easy
+3
Standards-aligned
Justin McElwee
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one significant advantage of budgeting mentioned in the passage?
Preparing for emergencies
Increasing income
Reducing taxes
Eliminating all expenses
Tags
CCSS.RI. 9-10.2
CCSS.RI.11-12.2
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does budgeting aid in retirement planning according to the passage?
By determining regular contributions to retirement accounts
By eliminating the need for a retirement plan
By increasing monthly income
By reducing retirement age
Tags
CCSS.RI. 9-10.2
CCSS.RI.11-12.2
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common misconception about budgeting as stated in the passage?
Budgeting is about restriction
Budgeting is only for the wealthy
Budgeting eliminates all financial problems
Budgeting is unnecessary
Tags
CCSS.RI. 9-10.2
CCSS.RI.11-12.2
CCSS.RL.11-12.2
CCSS.RL.8.2
CCSS.RL.9-10.2
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which tool is mentioned in the passage as assisting in managing personal finances?
Spending & Budgeting tool from Bank of America
Google Sheets
Microsoft Excel
QuickBooks
Tags
CCSS.RI. 9-10.2
CCSS.RI.11-12.2
CCSS.RI.8.2
CCSS.RL.11-12.2
CCSS.RL.9-10.2
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy is recommended for setting financial goals in the passage?
SMART strategy
Aggressive strategy
Random strategy
Conservative strategy
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