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Final Quiz

Authored by Ramya Racharla

Financial Education

Professional Development

Used 1+ times

Final Quiz
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or false: If you miss paying for your credit card on time, your score goes down.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the range of a good credit score?

600-700

950-1000

300-850

670-850

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

50% of your income is for your expenses and 30% is for your wants. What is the remaining 20% for?

Anything I want

Rent and bill payments

Savings and investment

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: Your passive income should cover your expenses.

False

True

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these does NOT count as earned from an active income?

Tips

Dividends

Commissions

Wages

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many types of taxes are there?

6

5

4

7

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Social Security and Medicare are known as (a)   taxes

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