4th Grade Financial Literacy Test #1

Name

#1 [TEKS 4.10B]

• $45.25
• $19.25
• $32.12
• $32.38

#2 [TEKS 4.10B]

#3 [TEKS 4.10B]

Which name correctly complete the yellow box?

• Both Jaylissa and Roberto's
• Jaylissa's
• Roberto's

Which name correctly completes the blue box?

• Both Jaylissa and Roberto's
• Jaylissa's
• Roberto's

#5 [TEKS 4.10A]

• Variable expense, because James does not have to make a rent payment every month.
• Variable expense, because the amount James pays for rent varies from month to month.
• Fixed expense, because the amount James pays is the same each month.
• Fixed expense, because the amount James pays for rent changes each month.

#6 [TEKS 4.10A]

• Mortgage
• Cell Phone Bill
• Car Payment
• Entertainment
• Gas

#7 [TEKS 4.10E]

• A place where customers can go to purchase items they need.
• A place where customers can deposit money into accounts that earn interest or borrow money.
• A place where customers can apply for acceptance at a college or university.
• A place where customers can buy and sell antique items, including coins.

#8 [TEKS 4.10E]

• Select a home alarm system for his new home.
• Talk to a loan officer about taking out a home loan.
• Check his account balance to make sure he has money for a down payment on his home.
• Deposit money to be transferred to the company he is buying his home from.