Payment Methods Quiz
Authored by Christina Dewar
Education
6th Grade
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an advantage of using cash as a payment method?
Helps with credit score
Convenient
Accepted in most places
Collects points
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a disadvantage of using cash?
Late payment charges
Counterfeit risk
Security issues
Doesn't help with credit score
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which payment method allows you to collect points?
Cash
Debit
Credit
E-transfer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an advantage of using E-transfer?
Accepted in most places
Convenient
Collects points
Helps with credit score
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Perry decides to put $8,000 into mutual funds. What is he doing?
Spending
Saving
Investing
Donating
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prince writes a cheque for $250 to his local animal shelter. What is he doing?
Spending
Saving
Investing
Donating
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pauline writes a cheque for $500 for her son's weekly piano lessons. What is she doing?
Spending
Saving
Investing
Donating
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