Financial Literacy Study Guide
Authored by Jordan Brown
Mathematics
6th Grade
17 Questions
CCSS covered
Used 3+ times
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many years is information retained on your credit report?
5 years
7 years
10 years
15 years
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does withdrawal mean? ________
take money out
put money in
transfer to a different account
investment
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does deposit mean?
put money into an account
take money out
transfer
balance
Tags
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.8.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A debit card withdraws money from where?
A debit card withdraws money from a bank account.
A debit card withdraws money from a credit card.
A debit card withdraws money from a savings bond.
A debit card withdraws money from a gift card.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A credit card is good for emergencies, true or false? ________
True
False
Tags
CCSS.RL.11-12.6
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
With a credit card can you buy an item even if you do not have enough money in your account? ________ because the money is paid ________
Yes, because the money is paid later.
No, because the money is deducted immediately.
Yes, because the bank covers the cost.
No, because you need to have enough balance.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making payments late will have a ________ impact on your credit score.
negative
positive
neutral
insignificant
Tags
CCSS.RI.5.2
CCSS.RI.6.2
CCSS.RL.6.1
CCSS.RL.6.2
CCSS.RL.7.2
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