(9.3) Net Worth

(9.3) Net Worth

9th - 12th Grade

5 Qs

quiz-placeholder

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(9.3) Net Worth

(9.3) Net Worth

Assessment

Quiz

Financial Education

9th - 12th Grade

Hard

Created by

Amanda Boor

FREE Resource

5 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Knowing what your assets are is important when you're working out your net worth.

Which of these are considered assets?

real estate property

credit card debt

savings account

a car loan

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

The net worth is $

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Before you can calculate your net worth, you must know what your liabilities are.

Which of these are liabilities?

retirement account

cell phone bill

rent you pay for an apartment

credit card debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suppose you walk into an electronics store and buy a brand new large-screen TV for $1,500 on credit, and you can't pay it all off straight away.

How does this scenario affect your net worth?

increases the net worth

decreases the net worth

no change to net worth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to personal belongings which have value?

Assets

Liabilities

Net worth

Net profit