Personal Financial Literacy Review

Quiz
•
English
•
University
•
Hard
+32
Standards-aligned
Sarah Williams
Used 2+ times
FREE Resource
25 questions
Show all answers
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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