Unit 4: Personal Finance

Unit 4: Personal Finance

11th Grade

35 Qs

quiz-placeholder

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Unit 4: Personal Finance

Unit 4: Personal Finance

Assessment

Quiz

others

11th Grade

Easy

Created by

Wesley Daniel

Used 56+ times

FREE Resource

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A financial agreement between a lender and a borrower, who promises to repay the lender at a later date--generally with interest, is called
credit.
bartering.
contracting.
investing.

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

__________________ are fixed regular payments, typically paid monthly, based on an annual sum agreed upon by the employer and employee.
Tips
Salaries
Wages
Independent Contracts

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

_____________________ are a source of income paid regularly (typically quarterly) by a company to its shareholders out of its profits.
Wages
Salaries
Dividends
Capital Gains

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

_____________________ are a source of income based on profits from the sale of property or other tangible investments.
Salaries
Subsidies
Dividends
Capital Gains

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Fixed regular payments, typically paid on a daily or weekly basis and earned hourly, are called ________________.
Wages
Tips
Salaries
Transfers

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

___________________ are a source of income based on an agreement between a customer and a company to perform a service or do a job; person/company does not typically receive payment until satisfactory completion of the job.
Salaries
Independent Contracts
Dividends
Capital Gains

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

____________________ are a souce of income given typically to a service worker as a gratuity from customers, based on the quality of service received.
Wages
Dividendens
Tips
Capital Gains

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