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Personal Financial Literacy Review

Authored by Sarah Williams

English

University

CCSS covered

Used 2+ times

Personal Financial Literacy Review
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

These are costs for items that a person could do without

Fixed expenses

Variable expenses

Discretionary expenses

Sub-prime expenses

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services

Credit card

Debit Card

Charge card

Gift card

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

APR stands for

Annual Percentage Rate

Annual Prime Rate

Actual Percentage Rate

Available Percentage Rate

Tags

CCSS.5.NF.B.5B

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This is a sum paid or charged for the use of money or for borrowing money

Loan

Credit

Interest

Budget

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

These are costs for an item or service that can be changed

Fixed Expenses

Variable Expenses

Discretionary Expenses

All expenses

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This is a bank card that automatically deducts the amount of a purchase from the checking account of the cardholder

Credit card

Debit card

Charge card

Gift card

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Identify the correct sentence structure: 'Despite the rain, the event continued as planned.'

A) Compound

B) Complex

C) Simple

D) Compound-complex

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

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