Financial Literacy Quiz

Financial Literacy Quiz

University

15 Qs

quiz-placeholder

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Financial Literacy Quiz

Financial Literacy Quiz

Assessment

Quiz

Other

University

Practice Problem

Medium

Created by

Martin Ceballos

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which step involves finding financial aid for education?

Work

Scholarships and Grants

Budgeting

Tracking your spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fourth step to financial literacy?

Low Cost Loans

Transportation

Saving and Investing

Banking

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which step focuses on earning money?

Saving and Investing

Work

Budgeting

Tracking your spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which category has a 6.0% budget allocation?

Health

Clothing

Savings

Entertainment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What service allows convenient access to cash?

Online banking

ATMs

Mobile apps

Credit cards

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common feature of a savings account in an ideal financial institution?

No interest

Competitive interest rates

High withdrawal fees

Limited access

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are scholarships and grants?

Financial awards that need to be repaid

Financial awards that don't need to be repaid

Loans for students

Part-time job opportunities

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