Assets and Liabilities Quiz

Assets and Liabilities Quiz

9th Grade

12 Qs

quiz-placeholder

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Assets and Liabilities Quiz

Assets and Liabilities Quiz

Assessment

Quiz

Business

9th Grade

Hard

Created by

Jason Venjohn

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered an asset for Jose, the freelance app developer?

Condo

Credit card debt

Store-financed home theater

New car

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a liability for Maria, the loan officer?

Home mortgage

Retirement account

Bobblehead collection

Copyrighted mobile app

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Andrea, the college sophomore, has which of the following as an asset?

Savings account

Credit card balance

$1,300 bank loan

Car loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Sam's profession?

Analyst

Retiree

Engineer

Doctor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a liability for Isabella?

Savings account

Inheritance

College loans

Company stock

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of loan is listed as a liability for Henry?

Boat loan

Graduate school loan

Co-signed loan

Car loan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which asset is common between Sam and Isabella?

Car

Savings account

Company stock

Credit card balance

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