Financial Literacy Quiz
Authored by Skylar Addison
Business
8th Grade
Used 5+ times
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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an estimate of income and expenses for a set period of time called?
Cash flow
Budget
Expense
Income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes the total amount of money being transferred into and out of a business or household?
Depreciation
Gross income
Cash flow
Fixed expense
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a person that purchases goods and services for personal use?
Financial advisor
Consumer
Dependent
Cost comparison
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process by which business decisions are analyzed, and the benefits and costs are compared?
Cost benefit analysis
Creditworthy
Depreciation
Expense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process of comparing the price of different products or services?
Budget
Cost comparison
Cash flow
Income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term describes someone financially sound enough to justify the extension of credit?
Dependent
Creditworthy
Financial advisor
Gross income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a person that relies on another, especially for financial support?
Consumer
Dependent
Financial advisor
Budget
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