Quiz 1 Term 88 GEP 9b-A

Quiz 1 Term 88 GEP 9b-A

7th Grade

30 Qs

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Quiz 1 Term 88 GEP 9b-A

Quiz 1 Term 88 GEP 9b-A

Assessment

Quiz

English

7th Grade

Practice Problem

Easy

Created by

Archie D. Bedano

Used 1+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'debt' refer to?

An asset that increases in value over time.

A financial term for savings accounts.

An amount of money borrowed that must be repaid.

A type of investment that generates income.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is an 'entrepreneur'?

An entrepreneur is a person who starts and manages a business, taking on financial risks in the hope of profit.

Someone who works for a large corporation

A government official managing public funds

A person who only invests in stocks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of 'insurance'?

To promote gambling activities

The purpose of insurance is to provide financial protection against risks and losses.

To increase financial risks

To provide free healthcare services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'interest' mean in finance?

Interest is the fee for using a credit card.

Interest is a type of tax on income.

Interest is the cost of borrowing money or the return on investment for savings.

Interest refers to the total amount of money saved.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the word 'minor' means?

In a small amount

In a big amount

something that should not exist

FBI open up!

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is 'nutrition' important for health?

Nutrition is only important for weight loss.

Nutrition has no impact on mental health.

Nutrition is solely about calorie counting.

Nutrition is important for health because it provides essential nutrients that support bodily functions and overall well-being.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'precisely' mean?

Vaguely or ambiguously.

Exactly or accurately.

Roughly or approximately.

Randomly or haphazardly.

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