PFL Quiz #5

PFL Quiz #5

9th Grade

10 Qs

quiz-placeholder

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PFL Quiz #5

PFL Quiz #5

Assessment

Quiz

Financial Education

9th Grade

Practice Problem

Easy

Created by

Samuel Mick

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of a Financial Advisor?

To provide medical insurance

To manage and plan financial investments

To sell consumer goods

To offer legal advice

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Medicare provide?

Auto insurance

Educational loans

Financial advice

Health insurance for the elderly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an Impulse Purchase?

A planned investment

A spontaneous buying decision

A type of insurance

A financial plan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of Auto Insurance?

To protect against vehicle-related damages

To cover health expenses related to an auto accident

To manage wealth

To provide educational funding

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Generational Wealth?

Wealth accumulated in one generation

Wealth passed down through generations

Wealth used for impulse purchases

Wealth used for auto insurance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Inherited Wealth?

Wealth earned through personal effort

Wealth received from previous generations

Wealth used for consumer goods

Wealth used for capital goods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a Self Made Person?

Someone who inherits wealth

Someone who advises on finances

Someone who builds wealth independently

Someone who purchases impulsively

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