
(9.3) Net Worth

Quiz
•
Financial Education
•
9th - 12th Grade
•
Hard
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
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
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