W!SE Financial Literacy Quiz

W!SE Financial Literacy Quiz

11th Grade

15 Qs

quiz-placeholder

Similar activities

Tech Support Scams Quiz

Tech Support Scams Quiz

9th - 12th Grade

10 Qs

ETECH 2ND QUARTER QUIZ

ETECH 2ND QUARTER QUIZ

9th - 12th Grade

20 Qs

Business Organization Types Assessment

Business Organization Types Assessment

10th Grade - University

15 Qs

The Gartner Hype Cycle

The Gartner Hype Cycle

11th Grade

10 Qs

Blockchain Quiz for 11th Grade(Guided)

Blockchain Quiz for 11th Grade(Guided)

11th Grade

20 Qs

All About Copyright

All About Copyright

9th - 12th Grade

15 Qs

Recap Handout 3 & 4

Recap Handout 3 & 4

6th Grade - University

15 Qs

Data flow diagrams

Data flow diagrams

10th Grade - University

16 Qs

W!SE Financial Literacy Quiz

W!SE Financial Literacy Quiz

Assessment

Quiz

Information Technology (IT)

11th Grade

Easy

Created by

MARK GREENE

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of a budget?

To track expenses

To plan for future financial goals

To calculate taxes

To determine credit score

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a fixed expense?

Groceries

Rent

Entertainment

Clothing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating simple interest?

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of having a high credit score?

Higher interest rates on loans

Easier approval for credit cards

More frequent credit checks

Increased debt limits

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage of a Roth IRA compared to a traditional IRA?

Contributions are tax-deductible

Withdrawals are tax-free in retirement

Higher contribution limits

No age limit for contributions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a liquid asset?

Real estate

Savings account

Retirement fund

Collectibles

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term "diversification" mean in investing?

Investing in a single stock

Spreading investments across various assets

Selling all investments at once

Investing only in bonds

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?