Personal Finance Vocabulary

Personal Finance Vocabulary

11th Grade

25 Qs

quiz-placeholder

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Personal Finance Vocabulary

Personal Finance Vocabulary

Assessment

Quiz

Social Studies

11th Grade

Practice Problem

Hard

Created by

John Robinson

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you did not have the money on hand to pay for something you might use this to purchase it with the promise to pay it later.

Debit Card

Credit Card

Social Security Card

Lay Away Card

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

APR stands for what?

Awesome People Rock

Annual Pursuit Rebate

Annual Percentage Rate

Automatic Percent Reduction

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

income

money that you earn

money that you spend

money that you save

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

fund

money that people lost

money that bank has

money set aside for a specific purpose

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

the amount of money you are paid after all the deductions are subtracted

Gross pay

Net pay

Overtime pay

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Disposable income

Income after all deductions have been paid

Income before all deductions have been paid

I don't know. Leave me alone!

Income left over after all expenses are paid.

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The total wealth of an individual, company or household, taking account of all financial assets and liabilities is known as their ___ _____.

net worth

income tax

gross pay

mortgage

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