
FL2: Revision 1
Quiz
•
Financial Education
•
9th Grade
•
Practice Problem
•
Easy
Ma'am Sunshine
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which statement best describes financial literacy?
A. understanding government taxes
B. knowing how to earn, save and manage money wisely
C. memorizing bank names
D. avoiding all spending
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why is financial literacy important?
A. It helps us make smart choices and prepare for future.
B. It guarantees becoming rich.
C. It removes the need to work.
D. It replaces the use of banks.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does it mean to invest your money?
to spend it on shopping
to save it in a bank
to use it to try to grow more money
to give it away to friends
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a bond?
a type of food
a loan to a company or government
a reward card
a monthly bill
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How is saving different from investing?
Saving is only for rich people.
Saving usually grows slower and is safer.
Saving always makes you rich.
Saving is done in the stock market.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is one way a person can protect their money from risk?
put all of it in one stock
spend it quickly
diversify it into different types of investments
hide it at home
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why do companies sell stock?
to advertise their product
to raise money for their business
to buy other companies
to make customers happy
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