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Personal Financial Literacy: Assets and Liabilities Quiz

Authored by Jeff Da Moude

Mathematics

9th - 12th Grade

CCSS covered

Personal Financial Literacy: Assets and Liabilities Quiz
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24 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

Media Image

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

Media Image

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

Media Image

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

Media Image

Which of the following is a liability for Maria?

Home mortgage

Retirement account

Car

Bobblehead collection

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

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

Media Image

Which of the following is an asset for Maria?

Retirement account

Student loan

Home mortgage

Car loan

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