Word Usage Quiz

Kai checked his balance before ordering a book online to make sure he had enough money.

• Correct

• Incorrect

• Not sure

• Not applicable

In the sentence "Cara went to the bank to ask why her budget," is the word "budget" used correctly?

• Correct

• Incorrect

• Not sure

• Not applicable

Which statement is correct about a checking account?

• I lost my debit card so the bank put a hold on my checking account.

• My checking account is a box I keep under my bed that holds blank checks.

• My job lets me deposit my paycheck straight into my checking account.

• Banks won’t let you take money out of your checking account until you have saved enough.

Olivia wants to save money for a new bicycle. What type of account should she use?

• To store money I'm not spending yet.

• To keep blank checks.

• To pay off debts.

• To receive rewards from the bank.

Which statement about debt is correct?

• I get paid extra debt for doing my chores.

• Using a credit card without paying it off at the end of the month can lead to debt.

• Debt is when you receive extra money from the bank.

• Debt is only related to buying a house.

Benjamin received his paycheck and noticed a deduction. What does this deduction usually indicate?

• A reward added to his bank account.

• Money taken from his gross pay for taxes.

• Extra money given for savings.

• A bonus for good performance.

Which sentence correctly uses the word "employer"?

• Sara’s employer gave all the workers a schedule for the week.

• I’m looking forward to working for my uncle and being an employer.

• My employer is the person who hired me to work at the pet store.

• My employer is my best friend from school.

Which sentence correctly uses the word "employee"?

• The cute employee at the smoothie shop made my drink and smiled at me.

• My brother was hired as an employee to help clean up after school events.

• Someday I will own my own business and have people work for me. I will be their employee.

• I am an employee of my own company.

Which sentence correctly uses the word "expense"?

• My monthly bus pass is an expense I include in my budget.

• I save every expense I get in my piggy bank.

• Buying a birthday gift for my friend was an extra expense this month.

• I consider my savings an expense.

David just received his first paycheck from his new job. Which sentence correctly uses the term "gross pay"?

• My gross pay is the total amount I earn before anything is taken out.

• After I paid all my bills, I was left with my gross pay.

• My pay stub shows that my gross pay is higher than my net pay.

• My gross pay is what I have after taxes.