
Financial Concepts Quiz
Authored by Kimberly Grant
Financial Education
10th Grade
Used 1+ times

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20 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is true about rate of return?
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OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is not true about a savings account?
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OFF
3.
MATCH QUESTION
30 sec • 1 pt
Match the following types of accounts with their characteristics.
A government-issued debt security that pays interest over a fixed period.
certificate of deposit
Allows for easy access to funds for daily transactions.
money market account
Combines features of savings and checking accounts, often with limited check-writing ability.
checking account
Offers a higher interest rate but charges a fee for early withdrawal.
savings bond
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Gianna is least likely to use money from her investment options to pay for _____
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OFF
5.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is true about investing?
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OFF
6.
MATCH QUESTION
30 sec • 1 pt
Match the following financial decisions with their advisability for Aileen after inheriting money from her aunt.
Option that depreciates in value over time
Invest in a high-risk stock
Option that benefits others without financial return
Save in a low-interest account
Option with minimal growth potential
Buy a new car
Least advisable option for long-term financial security
Donate to charity
7.
DROPDOWN QUESTION
30 sec • 1 pt
Elijah is considering investing in a type of bond that is issued by the government for a term of thirty years. These bonds pay interest until they mature and can be bought from and sold to other investors. Elijah is looking at (a) .
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