Personal Finance Vocabulary

Personal Finance Vocabulary

10th Grade

100 Qs

quiz-placeholder

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Personal Finance Vocabulary

Personal Finance Vocabulary

Assessment

Quiz

Business

10th Grade

Practice Problem

Hard

Created by

Nathaniel Loewen

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100 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ______ is anything that is owned by an individual, including money in the bank or investments.

Asset

Liability

Expense

Revenue

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: A ______ is a person or organization that uses a product or service.

Consumer

Producer

Supplier

Manufacturer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ______ is the granting of a loan and the creation of debt; any form of deferred payment.

Credit

Deposit

Withdrawal

Investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ______ is money owed to another person or company.

Debt

Asset

Income

Equity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ______ is the cost of goods or services; money paid out.

Expense

Revenue

Asset

Income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ______ is the knowledge and skill base necessary for people to be informed consumers and manage their finances effectively.

Financial Literacy

Physical Education

Culinary Arts

Art History

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: A ______ is a plan of action that allows a person to meet not only their immediate needs but also their long-term goals.

Financial Plan

Shopping List

Travel Itinerary

Recipe

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