Creating a Personal Budget - Final Assessment

Creating a Personal Budget - Final Assessment

8th Grade

10 Qs

quiz-placeholder

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Creating a Personal Budget - Final Assessment

Creating a Personal Budget - Final Assessment

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8th Grade

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Created by

Randi Jo McCool

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to personal belongings which have value?

Assets

Liabilities

Net worth

Net profit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a personal asset?

Credit card balance

Mortgage

Cash

Rent

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

$30,000

$40,000

$50,000

$60,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered to be a short-term goal?

Saving for a college education

Saving for a retirement fund

Starting a new career

Saving for a family vacation

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which type of people likes to plan for the future and are prepared for any type of financial situation?

Savers

Spenders

Risk takers

Security seekers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to individuals who do not consider money as a necessity and do not have much of an opinion on money?

Flyers

Security seekers

Risk takers

Spenders

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does “A” represent in SMART goal setting practices?

Analyzed

Attainable

Adaptable

Achieved

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