
Personal Finance Vocabulary Fl
Quiz
•
Financial Education
•
12th Grade
•
Medium
Jamal Jordan
Used 2+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ________ is the income after taxes and deductions.
Net Income
Gross Income
Operating Income
Total Revenue
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ________ is of value owned by an individual.
Asset
Liability
Expense
Revenue
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ________ is charged for borrowing money.
Interest Rate
Dividend
Commission
Subsidy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ________ is an obligation or debt owed to others.
Liability
Asset
Revenue
Equity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: ________ are investments to reduce risk.
Diversification
Speculation
Concentration
Gambling
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of 'Equity'? Fill in the blank: Equity is ________.
ownership value in an asset after debts
the total amount of cash in a business
the interest paid on a loan
the process of buying and selling stocks
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of 'Compound Interest'? Fill in the blank: Compound Interest is ________.
interest calculated on both principal and accumulated interest
interest calculated only on the principal amount
interest calculated only at the end of the term
interest calculated without considering previous interest
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