
Personal Financial Literacy: Assets and Liabilities Quiz
Authored by Jeff Da Moude
Mathematics
9th - 12th Grade
CCSS covered

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24 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 2 pts
What is an example of an asset for Jose?
Select all answers that apply.
Condo
Credit card debt
Store-financed home theater
New car
2.
CATEGORIZE QUESTION
3 mins • 5 pts
Categorize Jose's assets and liabilities:
Groups:
(a) Jose's Assets
,
(b) Jose's Liabilities
Store-financed home theater
Credit card debt
New car
Copyrighted mobile app
Condo
3.
CATEGORIZE QUESTION
3 mins • 4 pts
Categorize Maria's assets and liabilities:
Groups:
(a) Maria's Assets
,
(b) Maria's Liabilities
Student loan
Retirement account
Car loan
Home mortgage
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a liability for Maria?
Home mortgage
Retirement account
Car
Bobblehead collection
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a liability for Jose?
Credit card debt
Condo
Copyrighted mobile app
New car
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a liability for Andrea?
$1,300 bank loan
Savings account
Car
Bobblehead collection
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an asset for Maria?
Retirement account
Student loan
Home mortgage
Car loan
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